Hashport Leverages Hedera Consensus Service for Bridge Security
Hashport Leverages Hedera Consensus Service for Bridge Security
馃寜 Bridge Logs That Can't Lie
Hashport integrates Hedera Consensus Service (HCS) to enhance bridge security and reliability.
Key features:
- Every bridge transaction logged with tamper-proof timestamps
- Fair ordering system ensures transaction sequence integrity
- 100% finality guaranteed for all cross-chain transfers
- Validator set oversees and verifies bridge events
The implementation provides transparent and auditable cross-chain transfers while maintaining Hedera's characteristic speed and security.
鈱涳笍 Finality matters. Hashport uses the @hedera Consensus Service to log every bridge event in a tamper-proof, time-stamped, and fairly ordered stream with its validator set.
Hashport Expands Integration with GCoin and Bonzo Finance
Hashport has expanded its cross-chain capabilities with two notable integrations: - Successfully integrated Gilmore Estates' GCoin ($GC) in December 2024 - Supporting Bonzo Finance, Hedera's new lending protocol, by enabling asset migration from popular EVM networks **Key Benefits:** - Users can now port GCoin across supported networks - Access to competitive lending rates on Bonzo Finance - Seamless asset migration from EVM-compatible blockchains to Hedera *Integration enables broader DeFi participation and enhanced liquidity across networks.*
Hedera and DOVU Partner to Enhance Carbon Credit Transparency
**Hedera** and **DOVU** have launched a new initiative to improve carbon credit tracking and transparency through blockchain technology. Key developments: - DOVU's carbon credits now fully traceable on Hedera network - Enhanced verification system for environmental impact - Integration with existing sustainability frameworks This collaboration marks a significant step toward bringing greater accountability to carbon offset markets. The system allows for real-time tracking and verification of carbon credits, helping organizations better manage their environmental commitments. *Want to learn more about carbon credit tokenization?* Visit Hedera's documentation portal.