Catenaa, Saturday, April 05, 2025- Hedera Hashgraph has launched HashSphere, a private, permissioned blockchain designed for institutions, leveraging the company’s existing Hashgraph technology.
The beta release, announced Monday 31, aims to provide a secure and compliant environment for businesses operating in regulated markets.
HashSphere is EVM-compatible, allowing developers to build decentralized applications while maintaining permissioned access. Unlike public blockchains, which can pose compliance challenges related to KYC and AML rules, HashSphere offers institutions the ability to restrict transactions to verified participants.
“The Hedera public network is known for its transaction speeds, security and sustainability,” the company said. “However, enterprises operating in regulated markets require compliance solutions not always available on public ledgers.”
The platform integrates with Hedera’s existing services, including its Token Service for issuing digital assets, its Consensus Service for recording transactions, and its Smart Contract Service for deploying applications. It also offers a fully managed service with customer support and node management.
HashSphere is being positioned for asset managers, banks, and fintech firms looking to explore tokenization and blockchain payments. Early adopters include Australian Payments Plus, Blade Labs and Vayana.
The beta phase will continue until the third quarter of 2025, when HashSphere is expected to officially launch.
