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VMPL
Mumbai (Maharashtra) [India], July 15: String Metaverse Limited (BSE: META), India's first publicly listed Web3 infrastructure company, and The Hashgraph Group, a Switzerland-based Web3 and AI engineering company, today announced the commercial launch of BillsOnChain.io, an enterprise platform built on the Hedera network to modernize invoice, receipt, and billing infrastructure through blockchain technology. BillsOnChain.io converts traditional invoices and receipts into secure, immutable digital assets, enabling organizations to streamline reconciliation, strengthen compliance, reduce fraud, and unlock new opportunities in invoice financing and programmable financial workflows. The launch represents the first commercial milestone under the strategic collaboration announced by String Metaverse and The Hashgraph Group at the World Economic Forum in Davos on January 20, 2026, combining enterprise distributed ledger technology with artificial intelligence to accelerate the digital transformation of financial infrastructure. Ganesh Meenavalli, Managing Director of String Metaverse Limited, said: "BillsOnChain.io represents an important milestone in building the financial infrastructure for the Internet Transaction Economy. By bringing invoices and receipts onto blockchain, we are enabling greater transparency, liquidity, security, and programmability across global commerce. Together with The Hashgraph Group and Hedera, we are delivering enterprise-grade infrastructure for governments, financial institutions, and businesses worldwide." Stefan Deiss, Co-Founder and Chief Executive Officer of The Hashgraph Group, said: "BillsOnChain demonstrates how Hedera's enterprise-grade distributed ledger can transform invoice tokenization and intelligent financial infrastructure. Together with String Metaverse, we are building the next generation of global billing systems." Deepak Lalan, Chief Operating Officer of The Hashgraph Group, added: "Hedera provides the scalability, security, and governance required for enterprise and public-sector deployments. BillsOnChain demonstrates how distributed ledger technology can improve efficiency, transparency, and trust across global financial operations." Built on Hedera's enterprise-grade public network, BillsOnChain.io benefits from the governance of the Hedera Governing Council, comprising up to 39 leading global organizations, including Google, IBM, Dell Technologies, Boeing, Deutsche Telekom, LG Electronics, Tata Communications, Wipro, Nomura, Standard Bank, Accenture, Ubisoft, Chainlink Labs, Hitachi, and Tata Consultancy Services (TCS). About String Metaverse Limited String Metaverse Limited (BSE: META) is India's first publicly listed Web3 infrastructure company focused on digital asset infrastructure, tokenization, decentralized finance, AI-powered financial systems, and next-generation blockchain technologies. Media Contact : Investor Relations String Metaverse Limited Email: cs@stringmetaverse.com Website: www.billsonchain.io (ADVERTORIAL DISCLAIMER: The above press release has been provided by VMPL. ANI will not be responsible in any way for the content of the same.)
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