Blockchain Cryptocurrency Fintech News

BRD Integrates with Hedera Hashgraph to Drive Enterprise Adoption of Scalable, Secure, and Faster DLT

Crypto Wallet BRD Surpasses 6 Million Users, Paves Way for Mainstream Adoption

Hedera’s HBAR has been added to BRD’s consumer wallet, which is powered by BRD’s Blockset product for enterprises

BRD, the most secure mobile cryptocurrency wallet, has announced a strategic relationship with enterprise-grade distributed public ledger platform Hedera Hashgraph. Hedera’s native cryptocurrency, HBAR, is now available in the BRD consumer wallet, making it accessible to nearly 5 million users globally. BRD supports Hedera’s ongoing mission to deliver faster, more scalable, and secure distributed ledger technology (DLT) for enterprises globally.

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In addition to the integration in the BRD consumer wallet, Hedera’s network data will be supported in BRD’s recently launched enterprise-grade blockchain data integration platform Blockset, which powers the BRD consumer wallet. Already a leading enterprise blockchain service, Blockset provides a suite of ready-to-use tools that facilitate the building of cost-efficient blockchain applications and which eliminate barriers to entry. Hedera’s integration into Blockset will enable read and write functionality, which means companies are not only able to read data but also transact on-chain through Blockset’s API.

Commenting on the announcement, Adam Traidman, CEO of BRD, said, “This relationship between BRD and Hedera is built upon a confluence of a shared ambition to accelerate enterprise adoption of decentralized technologies, and represents another milestone moment in our 2020 highlight reel. Hedera already supports many tangible use-cases today and its Governing Council comprises leading enterprises across a variety of industry verticals. Integrating Hedera into our Blockset product not only showcases Hedera’s technology to enterprises around the world, but it also enhances the value proposition of the Blockset product more broadly.”

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The addition of Hedera’s native HBAR cryptocurrency to the BRD consumer wallet will not only extend the reach of the cryptocurrency to BRD’s rapidly expanding community of nearly 5 million wallet users across 170 countries, but it enables Hedera to take advantage of the ongoing growth of the consumer market. Since March of this year, BRD has added over 678,000 users in the US.

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