- KwikPik leverages Hedera to solve delivery fragmentation, boosting financial inclusion in Africa.
- Hedera expands governance with industry giants like Hitachi and Mondelez, enhancing its global influence.
Hedera is causing a stir in decentralized finance (DeFi) as well as financial inclusion. Their creative ideas and calculated alliances are raising benchmarks for the blockchain sector.
Hedera is Driving Financial Inclusion in Africa
KwikPik, Hedera-based Decentralized Physical Infrastructure Network (DePIN), is transforming financial inclusion all throughout Africa. Operating an Uber-style Delivery-as-a-service (DaaS) platform, KwikPik solves the long-standing scattered delivery problems across the continent.
The @Hedera-based @getKwikPik #DePIN is actively driving financial inclusion throughout Africa via its Uber-like Delivery-as-a-Service (DaaS) platform that helps solve the issue of fragmented delivery across the continent 🌍 pic.twitter.com/0tmYMjfc90
— HBAR Foundation (@HBAR_foundation) June 27, 2024
KwikPik guarantees dependable and seamless delivery services by using Hedera’s strong and efficient network, therefore greatly enhancing access to vital commodities and services for underprivileged areas.
Previously, Hedera has also been recruiting business titans like Hitachi and Mondelez International to its governing council. These businesses add to an amazing list, including Google, LG, and Ubisoft. The appeal is in Hedera’s dedication to cheap running costs, fast transaction speeds, and carbon neutrality.
These kinds of alliances not only strengthen Hedera’s legitimacy but also help it to be more globally visible and powerful in the blockchain industry.
Strengthening DeFi Capabilities
Regarding decentralized finance, Hedera is progressing rather significantly. The DeFi capabilities of the Hedera network have been greatly enhanced by including USDC, a top stablecoin, in it. This action helps to enable more strong and consistent financial transactions within the ecosystem.
Furthermore, helping Hedera’s DeFi expansion is the increase of liquid staking across platforms like Stader, which gives users additional chances to gain rewards and engage in network governance.
Meanwhile, the native token of Hedera, HBAR, has exhibited encouraging performance in current market trends. Based on CoinGecko, HBAR’s price is at $0.07696, a little rise of 0.21% over the previous 24 hours.
Furthermore, showing a positive trend during the past week is HBAR, which rose 1.89%. These numbers highlight the rising investor optimism and confidence about Hedera.
It is not lost on anyone Hedera’s leadership in tokenizing Real-World Assets (RWA). As CNF reported, Hedera leads the way in this industry’s transforming change. Tokenizing RWAs on Hedera’s network offers several advantages, like better transparency, fewer transaction fees, and more liquidity.