Hashgraph, Blockchain development company, which focuses on Hedera (HBAR) network, builds a private, allowed blockchain for companies in highly regulated industries with plans to debut in the third quarter of 2025.
HashSphere, built with Hedera’s technology, aims to bridge private and public distributed headbooks, ensuring compliance with the rules while maintaining interoperability, the company said on Monday. Hashgraph seeks to provide services to asset managers, banks and payment providers seeking secure, low cost limit transactions with stableecoins.
While public blockchains offer security and transparency, companies in industries such as financing and payments are often facing observations, especially with Know Your Customer (KYC) and money laundering (AML) requirements. Hashphere addresses this by limiting access to verified participants, enabling companies to develop tokenized assets, AI-driven services and other blockchain-based products while meeting regulatory standards.
“From the start, the vision for Hedera has been to create ‘Shared Worlds’ – connected networks where companies can utilize the power of DLT [distributed ledger technology] Without compromising privacy or control, ”said Andrew Ståtiwicz, head of solutions to hash -graph, in release.
The network also integrates Hedera’s existing tools, including the token service for managing digital assets and the consensus service for registration of transactions with reliable time stamps. The platform is compatible with Ethereum Virtual Machine (EVM), which allows developers to implement decentralized applications using solidity and other EVM languages.
Hashgraph said it is currently working with early partners, including Australian payments plus, Australia’s national payment scheme operator while adding other users.
“We are primarily interested in hashish sphere for its improved privacy and regulatory compliance, while also needing network inter operability for the seamless and transparent exchange of stablecoins between public Hedera and private hashsphere and other Layer-1 protocols,” said Rob Allen, head of future payments (web3) strategy at Australian Payment Plus.
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