Company Information

Get to know HBD Token

The Hive-Backed Dollar (HBD) is not a traditional company but rather a core component of the decentralized Hive blockchain ecosystem. Hive is a social and content-focused blockchain that originated in March 2020 as a hard fork from the Steem blockchain. HBD was created to function as a stable currency within this ecosystem, providing a reliable store of value and medium of exchange for users, content creators, and decentralized applications (dApps). Its stability is maintained through a combination of on-chain conversion mechanisms with the network's native token (HIVE) and a dedicated HBD Stabilizer mechanism funded by the Hive Decentralized Fund (DHF). As a decentralized asset, it is not operated or controlled by a single corporate entity.

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Crypto CryptocurrencyPRIMARY
Financial Other Service

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HBD Token

Name: HBD Token
Address: IN

India

Founded in

2022 (4 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Licenses

--/40

Reviews

--/60

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

Security Information :

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.