Hashgraph Group, a Swiss-based web-3 company that promotes the adoption of Hedera, has launched a new solution that will allow companies to build Hedera without having to hold native tokens or have crypto wallets.
summary
- The Hashgraph group says a fully managed solution transformer will drive enterprise adoption at Hedera.
- Businesses and governments can build on Hedera without touching the code or wallet.
Transact is Hashgraph Group's new, fully managed service, enabling businesses and governments to leverage and execute Hedera (HBAR) transactions. Companies can access and build blockchain networks without touching Crypto, THG said in a press release.
According to the Swiss-based company, Transact abstracts the need for crypto wallets and gas fees with company-grade service-level agreements and monthly invoices processed in US dollars or other traditional currencies.
In this case, businesses and government agencies can carry out Hedera transactions, even if they have HBARs.
“We're committed to providing a range of services to our customers,” said Stefan Deiss, co-founder and CEO of Hashgraph Group.
Deiss added:
“By providing an enterprise-grade transaction gateway for interacting and trading on Hedera networks, it enables financial institutions, e-commerce platforms, technology companies and other organizations to process digital transactions through easy-to-use platforms.
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Business to maintain complete control
Crypto wallets are abstracted, but Transact requires a signature wallet. Signer wallets allow on-chain and off-chain transactions to be performed. Private keys ensure that clients have complete control over aspects such as transactions and network usage that have been processed.
The Hashgraph group offers Transact as a secure transaction gateway with a user-friendly interface and dashboard. Users can interact and benefit by leveraging Hedera to reduce the risks associated with managing digital wallets, as well as crypto-free transactions.
According to the HashGraph Group, businesses can also streamline compliance and eliminate crypto accounting challenges from operations.
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