The Hashgraph Association and Hylobiz - a Vayana subsidiary - launch debt-based financial products on Hedera DLT network
HYDERABAD, India, May 9, 2024 /PRNewswire/ -- The Hashgraph Association (THA), the Swiss-based organization at the forefront of global digital enablement, has partnered with Hylobiz, a Vayana group company, for the launch of decentralized debt-based financial products built on the Hedera DLT network. Leveraging Hedera's decentralized, open-source public ledger, Hylobiz's software as a service (SaaS) B2B lending platform enables easier access to affordable financing for small and medium-sized businesses (SMBs) globally.
- Hylobiz's B2B lending platform tech built upon Hedera's decentralized network focused on enabling streamlined digital access to low-cost financing for SMBs globally.
- HYDERABAD, India, May 9, 2024 /PRNewswire/ -- The Hashgraph Association (THA) , the Swiss-based organization at the forefront of global digital enablement, has partnered with Hylobiz, a Vayana group company, for the launch of decentralized debt-based financial products built on the Hedera DLT network.
- Leveraging Hedera's decentralized, open-source public ledger, Hylobiz's software as a service (SaaS) B2B lending platform enables easier access to affordable financing for small and medium-sized businesses (SMBs) globally.
- Kamal Youssefi, President of The Hashgraph Association, stated, "We share the same vision of Hylobiz and Vayana in creating an ecosystem where digital finance is embedded in a transaction invisibly, securely, and transparently.