Company Directory - HBAR Foundation
Company Details - HBAR Foundation
HBAR Foundation
WebsiteThe HBAR Foundation is dedicated to advancing the use and adoption of the Hedera blockchain network. It provides support to developers, startups, and enterprises building on the Hedera platform, helping them leverage its unique properties for decentralized applications, distributed ledger technology and more.
CCI Score
CCI Score: HBAR Foundation
54.57
-0.03%
Latest Event
HBAR Foundation Enters Race to Acquire TikTok
The HBAR Foundation joined forces with OnlyFans founder's startup to bid for TikTok’s U.S. operations, aiming to ensure the platform remains under American ownership and governance. This move is positioned as an effort to retain domestic control and accountability.
Take Action
So what can you do? Support by shopping, spreading the word, or offering your support.
- Shop Alternatives
SEE ALL - Use Your Voice
OTHER TOOLS - Investigate
- Share the Score
SUPPORT CCI
LEADER
HBAR Foundation is currently rated as a Leader.
Latest Events
- APR032025
The HBAR Foundation joined forces with OnlyFans founder's startup to bid for TikTok’s U.S. operations, aiming to ensure the platform remains under American ownership and governance. This move is positioned as an effort to retain domestic control and accountability.
- JAN012025
The HBAR Foundation announced that Charles Adkins will assume the role of CEO effective January 1, 2025, and that the organization will rebrand as Hedera Foundation. The move accompanies plans to launch a transparent on‐chain grant management platform aimed at empowering community participation and enhancing financial inclusivity through decentralized finance.
+70
Executive Political Engagement
April 3
The appointment of Charles Adkins, a leader with extensive blockchain experience and a background at progressive companies, signals a commitment to transparency and community empowerment. By choosing a leader who has navigated the crypto space and rebranding to emphasize openness, the Foundation is aligning itself with anti-authoritarian values and progressive political engagement.
+80
Technology and Services Impact
April 3
The planned launch of a transparent on-chain grant management platform represents a significant technological innovation that promotes accountability and decentralizes control. This initiative is designed to give community members direct oversight of funding processes, thereby reducing the potential for authoritarian control and reinforcing ethical practices in technology deployment.
- AUG312024
The HBAR Foundation announced the resignation of CEO Shayne Higdon effective August 31, 2024. The move comes amid controversy over a previous announcement concerning BlackRock's tokenization of a money market fund on Hedera Hashgraph and unconfirmed reports of a large HBAR transfer to Coinbase, which sparked concerns of insider trading and conflicts of interest. The resignation is interpreted as a step toward restoring transparency and ethical governance.
+50
Business Practices and Ethical Responsibility
April 3
The CEO’s departure following controversies over potential insider trading and conflict of interest marks a positive move towards improved ethical practices and better corporate governance within the HBAR Foundation, reinforcing commitments to transparency and accountability.
+30
Public and Political Behavior
April 3
The leadership change addresses community concerns surrounding prior public controversies, including a contentious announcement about BlackRock’s tokenization efforts. This step is seen as a corrective measure to restore public trust and strengthen ethical public engagement.
- JUN172024
HBAR Foundation announced its membership in the Nordic Blockchain Association on June 17, 2024, reinforcing its commitment to supporting responsible blockchain innovation, advocacy for supportive legislation, and the sustainable growth of decentralized technologies in the Nordics.
+40
Public and Political Behavior
April 3
The HBAR Foundation's move to join a nonprofit advocacy group highlights its proactive engagement in supporting educational and legislative initiatives that foster a responsible and inclusive blockchain environment, aligning with progressive values.
+30
Technology and Services Impact
April 3
By joining the Nordic Blockchain Association, the foundation reinforces its commitment to advancing decentralized technology that promotes transparency and open access, contributing positively to the development of a supportive tech ecosystem.
- FEB282024
The HBAR Foundation announced an expansion of its support into the healthcare sector by leveraging Hedera-enabled innovations aimed at enhancing privacy preservation and data authenticity. The initiative focuses on integrating HIPAA/GDPR-compliant systems, lowering data centralization costs, and providing cryptographic evidence of data origination — measures that protect individual rights in sensitive healthcare contexts.
+85
Technology and Services Impact
April 3
The expansion into healthcare technology using privacy-preserving and human-centric innovations reflects a commitment to safeguarding personal data and protecting individual autonomy. By leveraging decentralized technologies with strong compliance frameworks, the HBAR Foundation promotes transparency and ethical data practices that oppose authoritarian surveillance and support marginalized communities.
The HBAR Foundation Expands Privacy Preservation Focus Into Healthcare Tech
- OCT012023
The HBAR Foundation announced a grant to the Capitals Coalition to support the development of CSRD-compliant climate reporting standards using the Hedera Guardian, a digital rules engine. This initiative aims to enhance transparency and accountability in climate disclosures by integrating standardized, auditable workflows.
+70
Business Practices and Ethical Responsibility
April 3
The partnership demonstrates a strong commitment to ethical business practices by advancing transparent and standardized climate reporting in line with progressive environmental accountability. This move aids companies in meeting regulatory and sustainability standards, reinforcing corporate responsibility.
+60
Technology and Services Impact
April 3
Leveraging the Hedera Guardian—a blockchain-based rules engine—for standardizing climate data reporting underscores the foundation’s commitment to innovative technology that enhances transparency. This technological support facilitates accurate, auditable, and consistent data reporting that benefits stakeholders and aligns with progressive, accountable practices.
- OCT012023
The HBAR Foundation released the first part of its investment thesis outlining a five-part strategy to leverage distributed ledger technology for enhancing the auditability and transparency of climate finance, including green bonds and carbon credits. The initiative aims to democratize finance, reduce greenwashing, and support sustainable development.
+70
Business Practices and Ethical Responsibility
April 3
The investment thesis emphasizes ethical business practices by proposing more transparent and accountable climate finance mechanisms. By addressing issues like greenwashing and ensuring that capital flows reach those executing sustainable projects, HBAR Foundation is promoting responsible financial practices that support marginalized communities and sustainable development.
The SIF Investment Thesis Part I: Making Climate Finance Auditable
+80
Technology and Services Impact
April 3
By leveraging Hedera’s distributed ledger technology to create auditable climate finance mechanisms, the HBAR Foundation is championing advanced technological solutions that enhance transparency, accountability, and equitable participation in sustainable finance. This progressive use of technology helps dismantle traditional opaque financial systems.
The SIF Investment Thesis Part I: Making Climate Finance Auditable
+60
Economic and Structural Influence
April 3
The investment thesis proposes structural transformations in the financial system, promoting democratized access to green bonds and carbon credits. This strategy supports economic restructuring by redirecting capital to sustainable projects and underserved SMEs, representing a positive shift in economic and structural influence.
The SIF Investment Thesis Part I: Making Climate Finance Auditable
- SEP302023
HBAR Foundation has been admitted as a member of the Blockchain Association, aligning it with industry leaders dedicated to educating lawmakers and advocating for transparent cryptoasset policy in the US.
+50
Public and Political Behavior
April 3
The HBAR Foundation’s admission to the Blockchain Association signals an active commitment to engaging in public policy debates and promoting transparency in cryptoasset regulation. By aligning with industry leaders to advocate for clear and accountable policymaking, the foundation is taking a positive stance against opaque practices and authoritarian influences in legislation.
Alternatives
Bangalore, India
62.66
Armonk, United States
9.57
London, United Kingdom
-27.25
Teaneck, USA
-45.64
New York, United States
-50.31
Corporation
-37.87
Munich, Germany
97.44
Bengaluru, India
65.57
San Francisco, United States
34.31
San Francisco, United States
14.34
Industries
- 518210
- Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services
- 541511
- Custom Computer Programming Services
- 541512
- Computer Systems Design Services
- 541690
- Other Scientific and Technical Consulting Services