Please enter CoinGecko Free Api Key to get this plugin works.
Please enter CoinGecko Free Api Key to get this plugin works.
HomeCrypto NewsHedera Teams Up with The Binary Holdings for Southeast Asia Push

Hedera Teams Up with The Binary Holdings for Southeast Asia Push

-

Spread the love

The Hedera Foundation has announced a significant partnership with The Binary Holdings, a leading Web3 distribution infrastructure firm, to bring Hedera-powered decentralized applications (dApps) into the telecommunications landscape in Indonesia and the Philippines. This initiative is positioned as a pioneering effort to connect blockchain technology with mainstream telecom platforms, unlocking new possibilities across industries and user bases in Southeast Asia.

A New Era of Web3 Distribution Through Telecom

The collaboration leverages the expansive distribution capabilities of The Binary Holdings within regional telecom ecosystems. Hedera-backed applications—such as ME! Avatar App developed by MetaverseME and SMACKM’s mobile game Smack Mosquito—are set to be integrated into OneWave, a decentralized app store. This platform is embedded directly within mobile apps of major telecom providers, enabling seamless access for millions of mobile users.

With this integration, dApps powered by Hedera will become accessible to users across Indonesia and the Philippines, with future plans to expand into additional Southeast Asian markets. Through OneWave, these applications are positioned to reach audiences who may have had limited exposure to Web3 technologies, fostering broader adoption of decentralized platforms in everyday digital experiences.

Incentivized Engagement Through Blockchain Integration

User interactions within these integrated dApps will be registered directly on the Hedera network, utilizing its Hashgraph consensus mechanism. Each engagement will be rewarded with $BNRY tokens, which serve as loyalty incentives within the telco ecosystem. This token-based mechanism is designed to boost user participation while promoting recurring activity within the dApps, ultimately fueling growth across the broader Hedera network.

The collaboration aims to deliver a unique blend of utility, rewards, and access by embedding blockchain capabilities directly into popular telecom services. This structure not only improves user retention but also showcases the efficiency and transparency of Hedera’s underlying technology, known for its fast, fair, and secure digital transactions.

Expanding Reach to Over 169 Million Users

One of the most notable aspects of this initiative is the scale of its potential impact. The combined reach of the participating telecom operators exceeds 169 million users across the Southeast Asian region. With this partnership, Hedera becomes the first major Layer 1 blockchain to be directly integrated into such a vast mobile network infrastructure, setting a precedent for future blockchain-telco collaborations.

Stakeholders from both organizations have emphasized that this joint venture represents more than just a technological alignment. It is viewed as a milestone toward the mainstream adoption of decentralized applications across industries such as gaming, entertainment, and consumer services. The initiative is expected to bring mutual benefits to developers, users, and service providers through increased utility, improved user engagement, and expanded market access.

Laying the Foundation for a Decentralized Future

Representatives from the Hedera ecosystem have described the partnership as a crucial step toward building a multi-industry Web3 future. The collaboration is intended to encourage the development of decentralized solutions that are both practical and scalable, particularly in regions with fast-growing digital user bases.

By fusing Hedera’s robust blockchain infrastructure with The Binary Holdings’ distribution expertise, this initiative creates a powerful model for integrating Web3 technologies into everyday consumer applications. The strategic partnership not only enhances the visibility and accessibility of Hedera-powered apps but also reinforces the platform’s long-term vision of enabling decentralized innovation at scale.

LATEST POSTS

BCH Hits $480 After Volume Surges 22% Above 30-Day Average During Crypto Rebound

Bitcoin Cash (BCH) rose 3.15% in the past 24 hours to $480.10, climbing sharply from a session low near $454 after buyers stepped in...

Visa Expands Stablecoin Reach in Europe, Middle East and Africa

Payment card giant Visa (V) has expanded its stablecoin capabilities across the Central and Eastern Europe, Middle East, and Africa (CEMEA) region, and has also...

Crypto Taxes Are Complicated, Don’t Let Them Derail Your Portfolio

In today’s Crypto for Advisors, Bryan Courchesne from DAIM provides information on tax planning for crypto trades. Although we are half a year away from...

Elon Musk’s X to Offer Investments, Trading ‘Soon:’ FT

Elon Musk's X is stepping up its push to turn the social media platform into an "everything app," the Financial Times reported on Thursday.The platform,...

Most Popular