CandleFocus HBAR Adoption Expands as Dubai Launches Digital Will Solution on Hedera
2024-10-28
Author: Content Editor
The Dubai International Financial Centre (DIFC) has integrated Hedera's Hashgraph technology for a new Digital Asset Will inheritance solution, marking a unique application of distributed ledger technology (DLT) in estate planning. The DIFC Courts have chosen Hedera's technology for its reliability, security, speed, and trust. Hedera's features, such as the Hedera Consensus Service (HCS), provide audit trails and accuracy in managing inheritances. This collaboration highlights Dubai's forward-thinking strategy in digital asset infrastructure and regulation. In other news, investment firm Canary Capital has launched the first HBAR Trust in the United States, potentially leading to the introduction of a Hedera-focused ETF. Prove AI has launched its artificial intelligence product on the Hedera blockchain for secure management of AI training data, and Karate Combat is launching its Layer-2 platform on Hedera's blockchain to propel Web3 adoption across various sectors.
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