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This article will cover the account abstraction concept in a nutshell, how Web3 adoption is held back and how account abstraction removes the barrier, protocol-level account abstraction and how it differs from current account abstraction implementations, and Hedera’s unique capabilities among EVM networks that enable protocol-level account abstraction.
February 14, 2024 — Chicago, IL - The Hedera Council, which stewards the Hedera open source, leaderless proof-of-stake public network, today announced that Mondelēz International (Nasdaq: MDLZ) has joined the Council. Mondelēz International is a leading multi-national food company with iconic global and local brands such as Oreo, Ritz, LU, Clif Bar, and Tate's Bake Shop biscuits and baked snacks, as well as Cadbury Dairy Milk, Milka, and Toblerone chocolate.
Starting February 1, 2024, a new testnet faucet enables developers to anonymously collect up to 100 test HBAR every 24 hours. Also, the allocation of test HBAR for Hedera Portal accounts is now 1,000 tokens every 24 hours with a manual request. In addition, API keys are now available from the Hedera Portal for re-creating accounts and querying account ID information programmatically after testnet and previewnet resets. The goal of these changes is to continuously improve the development experience on Hedera.
In 2022 Hedera Governing Council member, eftpos joined with BPAY Group and NPP Australia to form Australian Payments Plus (AP+). As such, AP+ is now a member of the Hedera Governing Council, effective immediately.
This blog reflects my own observations, on the intersectionality of AI, DLT, Tokenization and Web3 to humanity as a takeaway from the inspiring sessions in Davos. This convergence is reshaping industries, economies, and the very fabric of our society.
Davos, Switzerland – World Economic Forum Annual Meeting - Thursday January 18th 2024 - In a groundbreaking move towards AI integrity, EQTY Lab, a leading responsible AI company, proudly announces the release of ClimateGPT on the Hugging Face community AI platform.
January 16, 2024 — MetaMask Snaps, an innovative plugin that provides access to MetaMask’s 30 million monthly active users, is now available on Hedera, the open-source, leaderless proof-of-stake network powering the next generation of the web.
January 15, 2024 – Davos, Switzerland – The Hedera Council today announced its newest member, Hitachi America, Ltd. (Hitachi), which brings with it industrial solutions expertise. Hitachi offers a broad range of electronics, power and industrial equipment and services, energy, industrial, health care, IT, OT, mobility and IoT with operations throughout the Americas directly and through its subsidiaries.
The Hedera Council today announced that it has voted to give the board approval to allocate 4.86 billion HBARs of additional funds toward further development of the Hedera network and enabling its decentralized governance.