Accessibility Statement Skip Navigation
  • Resources
  • Blog
  • Journalists
  • Client Login
  • Send a Release
Return to PR Newswire homepage
  • News
  • Products
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All News Releases
      • All Public Company
      • English-only
      • News Releases Overview

      • Multimedia Gallery

      • All Multimedia
      • All Photos
      • All Videos
      • Multimedia Gallery Overview

      • Trending Topics

      • All Trending Topics
  • Business & Money
      • Auto & Transportation

      • All Automotive & Transportation
      • Aerospace, Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads and Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking and Road Transportation
      • Auto & Transportation Overview

      • View All Auto & Transportation

      • Business Technology

      • All Business Technology
      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • Business Technology Overview

      • View All Business Technology

      • Entertain­ment & Media

      • All Entertain­ment & Media
      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • Entertain­ment & Media Overview

      • View All Entertain­ment & Media

      • Financial Services & Investing

      • All Financial Services & Investing
      • Accounting News & Issues
      • Acquisitions, Mergers and Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalization
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • Financial Services & Investing Overview

      • View All Financial Services & Investing

      • General Business

      • All General Business
      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls and Research
      • Trade Show News
      • General Business Overview

      • View All General Business

  • Science & Tech
      • Consumer Technology

      • All Consumer Technology
      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • Consumer Technology Overview

      • View All Consumer Technology

      • Energy & Natural Resources

      • All Energy
      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil and Gas Discoveries
      • Utilities
      • Water Utilities
      • Energy & Natural Resources Overview

      • View All Energy & Natural Resources

      • Environ­ment

      • All Environ­ment
      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • Environ­ment Overview

      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • All Heavy Industry & Manufacturing
      • Aerospace & Defense
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation and Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking and Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • Heavy Industry & Manufacturing Overview

      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • All Telecomm­unications
      • Carriers and Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • Telecomm­unications Overview

      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • All Consumer Products & Retail
      • Animals & Pets
      • Beers, Wines and Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics and Personal Care
      • Fashion
      • Food & Beverages
      • Furniture and Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewelry
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • Consumer Products & Retail Overview

      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • All Entertain­ment & Media
      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • Entertain­ment & Media Overview

      • View All Entertain­ment & Media

      • Health

      • All Health
      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • Health Overview

      • View All Health

      • Sports

      • All Sports
      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • Sports Overview

      • View All Sports

      • Travel

      • All Travel
      • Amusement Parks and Tourist Attractions
      • Gambling & Casinos
      • Hotels and Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • Travel Overview

      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • All Policy & Public Interest
      • Advocacy Group Opinion
      • Animal Welfare
      • Congressional & Presidential Campaigns
      • Corporate Social Responsibility
      • Domestic Policy
      • Economic News, Trends, Analysis
      • Education
      • Environmental
      • European Government
      • FDA Approval
      • Federal and State Legislation
      • Federal Executive Branch & Agency
      • Foreign Policy & International Affairs
      • Homeland Security
      • Labor & Union
      • Legal Issues
      • Natural Disasters
      • Not For Profit
      • Patent Law
      • Public Safety
      • Trade Policy
      • U.S. State Policy
      • Policy & Public Interest Overview

      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • All People & Culture
      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • People & Culture Overview

      • View All People & Culture

      • In-Language News

      • Arabic
      • español
      • português
      • Česko
      • Danmark
      • Deutschland
      • España
      • France
      • Italia
      • Nederland
      • Norge
      • Polska
      • Portugal
      • Россия
      • Slovensko
      • Suomi
      • Sverige
  • Overview
  • Distribution by PR Newswire
  • AI Tools
  • Multichannel Amplification
  • Guaranteed Paid Placement
  • SocialBoost
  • All Products
  • General Inquiries
  • Editorial Bureaus
  • Partnerships
  • Media Inquiries
  • Worldwide Offices
  • Hamburger menu
  • PR Newswire: news distribution, targeting and monitoring
  • Send a Release
    • ALL CONTACT INFO
    • Contact Us

      888-776-0942
      from 8 AM - 10 PM ET

  • Send a Release
  • Client Login
  • Resources
  • Blog
  • Journalists
  • RSS
  • News in Focus
    • Browse All News
    • Multimedia Gallery
    • Trending Topics
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Send a Release
  • Client Login
  • Resources
  • Blog
  • Journalists
  • RSS
  • Overview
  • Distribution by PR Newswire
  • AI Tools
  • Multichannel Amplification
  • SocialBoost
  • All Products
  • Send a Release
  • Client Login
  • Resources
  • Blog
  • Journalists
  • RSS
  • General Inquiries
  • Editorial Bureaus
  • Partnerships
  • Media Inquiries
  • Worldwide Offices
  • Send a Release
  • Client Login
  • Resources
  • Blog
  • Journalists
  • RSS

The Hashgraph Group Launches "TransAct" to Enable Crypto-Free Transactions for Enterprises


News provided by

The Hashgraph Group

Sep 02, 2025, 10:15 ET

Share this article

Share toX

Share this article

Share toX

Enterprises can now execute transactions on Hedera without holding HBAR or managing any crypto wallets, thus reducing compliance risks and simplifying enterprise adoption

SCHWYZ, Switzerland, Sept. 2, 2025 /PRNewswire/ -- 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 network without the need to hold HBAR or manage any crypto wallets. Importantly, while the wallet management is abstracted for simplicity and compliance, a signing wallet containing private keys is still needed for authorizing transactions, ensuring that enterprise clients retain full access and control over their processed transactions, network utilization, and signing keys.

Continue Reading
For more information, interested parties can visit www.hashgraph-group.com. (PRNewsfoto/The Hashgraph Group)
For more information, interested parties can visit www.hashgraph-group.com. (PRNewsfoto/The Hashgraph Group)

By removing such barriers to broader adoption, this unique and innovative solution built on Hedera enables crypto-free transactions, while eliminating compliance risks and reducing the complexities related to payments of network transaction fees ('gas fees'). Designed to simplify the management and payment of transaction fees on Hedera, TransAct offers a secure transaction gateway through a user-friendly interface and management dashboard, while leveraging the speed, scalability, and security of the Hedera network. TransAct is tailored for large enterprise implementations, ensuring compliance and the seamless integration of Hedera with mission-critical business applications.

By enabling businesses to interact and transact on the Hedera network without the need to buy or hold any crypto for payment of gas fees, TransAct also reduces the exposure to potential security risks related to managing digital wallets. Delivered as a managed cloud-based SaaS solution with an enterprise SLA that guarantees reliability, performance, and availability, all network transactions processed via TransAct are invoiced by THG in USD or other preferred traditional currencies. This makes transacting and interacting on the Hedera DLT network seamless for institutions around the world, who are restricted by their internal risk and compliance departments from purchasing digital currencies and/or operating digital wallets.

"With TransAct, we are removing one of the major barriers to enterprise adoption – the complexity and compliance risk of holding crypto and managing digital wallets" said Stefan Deiss, Co-Founder & CEO of The Hashgraph Group. "By providing an enterprise-grade transaction gateway to interact and transact on the Hedera network, we are enabling financial institutions, e-commerce platforms, technology firms, and other organisations to process digital transactions through our easy-to-use platform, while we take care of all the technical and compliance challenges in the background."

Enterprises can benefit from a simple and intuitive management dashboard that provides real-time monitoring, visibility, and control of network transactions and spend. Developers can also access THG's open-source components that are being made available via Linux Foundation Decentralized Trust (LFDT) under "Project Hiero" to encourage community contribution, albeit specific enterprise features and functionalities will remain proprietary. TransAct is offered under a subscription-based model, aligning with today's enterprise needs for flexibility, predictability, and scalability. TransAct is a non-custodial managed solution, and while wallet management is abstracted for simplicity and compliance purposes, the ownership of private keys is retained by the client – ensuring continuous access, control, and auditability, over their network transactions processed on Hedera.

Micha Roon, Head of Engineering at THG, added, "TransAct allows organizations to execute their transactions on Hedera's DLT without holding HBAR, streamlining compliance and eliminating any crypto accounting burdens. Clients always retain control over their private keys, with our gateway securely processing their transactions. Backed by our engineering expertise and enterprise-grade support, TransAct makes blockchain integration simple, safe, and fully auditable."

TransAct allows organizations to focus on their core business without dealing with complexities of gas fees and wallets. This launch also represents THG's latest product innovations for enterprises operating in the Web3 economy – a key milestone that further validates its corporate strategy to build business without barriers. TransAct is expected to accelerate broader adoption of Hedera by offering enterprises and governments a reliable and secure solution for processing transactions on Hedera. TransAct is part of the product suite under 'Hashgraph for Enterprise (H4E)' developed by The Hashgraph Group, which provides innovative and managed enterprise-grade solutions built on Hedera for businesses operating in the Web3 economy. For more information, interested parties can visit www.hashgraph-group.com.

About The Hashgraph Group

The Hashgraph Group (THG) is a Swiss-based Web3 technology company that operates within the Hedera ecosystem, specialised in the design, development, and deployment of enterprise-grade solutions aimed at enabling enterprises and governments to adapt and compete in the Web3 economy. Operating globally with an experienced team of qualified and certified practitioners and engineers, THG is focused on building business without barriers through continuous technological innovation, unlocking new business and growth opportunities for its enterprise clients globally. For more information about The Hashgraph Group, visit www.hashgraph-group.com.

Photo - https://mma.prnewswire.com/media/2761983/The_Hashgraph_Group.jpg

SOURCE The Hashgraph Group

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

icon3
440k+
Newsrooms &
Influencers
icon1
9k+
Digital Media
Outlets
icon2
270k+
Journalists
Opted In
GET STARTED

Modal title

Also from this source

The Hashgraph Group Launches its Self-Sovereign Identity Platform 'IDTrust' to Power Digital Identity at Scale

The Hashgraph Group Launches its Self-Sovereign Identity Platform 'IDTrust' to Power Digital Identity at Scale

The Hashgraph Group (THG), a Swiss-based international business, venture capital, and technology company operating within the Hedera ecosystem, today ...

The Hashgraph Group Invests in AgNext Technologies, Pioneering AI-Driven Agricultural Solutions on Hedera

The Hashgraph Group (THG), a Swiss-based global business, venture capital, and technology firm dedicated to the Hedera ecosystem, today announced a...

More Releases From This Source

Explore

Computer & Electronics

Computer & Electronics

Banking & Financial Services

Banking & Financial Services

Financial Technology

Financial Technology

Financial Technology

Financial Technology

News Releases in Similar Topics

Contact PR Newswire

  • Call PR Newswire at 888-776-0942
    from 8 AM - 9 PM ET
  • Chat with an Expert
  • General Inquiries
  • Editorial Bureaus
  • Partnerships
  • Media Inquiries
  • Worldwide Offices

Products

  • For Marketers
  • For Public Relations
  • For IR & Compliance
  • For Agency
  • All Products

About

  • About PR Newswire
  • About Cision
  • Become a Publishing Partner
  • Become a Channel Partner
  • Careers
  • Accessibility Statement
  • APAC
  • APAC - Simplified Chinese
  • APAC - Traditional Chinese
  • Brazil
  • Canada
  • Czech
  • Denmark
  • Finland
  • France
  • Germany
  • India
  • Indonesia
  • Israel
  • Italy
  • Japan
  • Korea
  • Mexico
  • Middle East
  • Middle East - Arabic
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Russia
  • Slovakia
  • Spain
  • Sweden
  • United Kingdom
  • Vietnam

My Services

  • All New Releases
  • Platform
  • ProfNet
  • Data Privacy

Do not sell or share my personal information:

  • Submit via [email protected] 
  • Call Privacy toll-free: 877-297-8921

Contact PR Newswire

Products

About

My Services
  • All News Releases
  • Platform
  • ProfNet
Call PR Newswire at
888-776-0942
  • Terms of Use
  • Privacy Policy
  • Information Security Policy
  • Site Map
  • RSS
  • Cookies
Copyright © 2025 Cision US Inc.