Hashgard is developing a decentralized credit system using blockchain technology to authenticate financial data by securely uploading identities, assets, and agreements. This infrastructure enhances liquidity and reduces transaction friction, enabling efficient cross-border financial services without reliance on intermediaries.
Funding
$47M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Traditional financial systems often rely on intermediaries, leading to increased transaction costs and reduced efficiency, especially in cross-border transactions. Verifying the authenticity of financial data, including identities, assets, and agreements, remains a challenge, hindering liquidity and accessibility.
Solution
Hashgard aims to establish a decentralized credit system leveraging blockchain technology to authenticate financial data. By securely uploading identities, assets, and agreements onto the blockchain, Hashgard seeks to enhance liquidity and reduce transaction friction. This infrastructure facilitates efficient cross-border financial services by removing the need for intermediaries and enabling decentralized transactions through atomic swaps. The platform also supports the creation and operation of decentralized funds, allowing fund managers to issue tokens representing fund shares and automate fund operations.
Target Audience
The primary target audience includes participants in the digital finance industry seeking to enhance the liquidity of assets, reduce transaction costs, and establish trust in decentralized financial services.
Features
- Supports token issuance agreements on the blockchain base layer for traditional financial assets.
- Enables atomic swaps for peer-to-peer cryptocurrency exchange without third-party trust.
- Facilitates the creation and operation of decentralized funds with tokenized fund shares.
- Offers a BonusBox feature for token airdrops and shareholder dividends.
- Provides a decentralized lock function for on-chain assets with customizable lock rules and rewards.
- Supports decentralized forward payments with vouchers for future token delivery.
- Implements smart contract technology for automated and immutable deployment of distributed financial products.