The Hashgraph Group Launches “TransAct” to Enable Crypto-Free Transactions for Enterprises
The Hashgraph Group (THG) has today announced the launch of TransAct – a pioneering and breakthrough solution that enables enterprises to build on the Hedera network without the need to touch cryptocurrency. By abstracting away the need for enterprises to manage digital wallets and gas fees, TransAct removes the primary compliance and operational barriers that have hindered large-scale enterprise adoption of distributed ledger technology (DLT) around the world. Developed by Swiss-based THG and offered as a fully managed service, with an enterprise-grade SLA and monthly invoicing of processed transactions in USD, TransAct enables enterprises and governmental institutions to execute transactions on the Hedera…