String Metaverse and The Hashgraph Group Launch BillsOnChain Beta to Transform Global Invoice Infrastructure

String Metaverse and The Hashgraph Group Launch BillsOnChain Beta to Transform Global Invoice Infrastructure

String Metaverse and The Hashgraph Group Launch BillsOnChain Beta to Transform Global Invoice Infrastructure​

String Metaverse Limited, India's first publicly listed Web3 infrastructure company, announced today a collaboration with The Hashgraph Group, a Switzerland-based Web3 and AI engineering firm. Together, they launched BillsOnChain (beta version), a next-generation digital billing platform built on the Hedera network, aimed at revolutionizing traditional receipts, invoices, and bills globally.

BillsOnChain is designed to convert traditional financial documents into secure, immutable blockchain-based digital assets. This creates a programmable financial infrastructure supporting governments, enterprises, financial institutions, and SMEs worldwide. The platform allows organizations to securely record receipts on-chain, automate reconciliation, reduce fraud, improve compliance, and enable new liquidity through invoice financing.

Early Adoption Highlights Platform Momentum​

Since the launch of BillsOnChain, the platform has demonstrated significant traction across its user base. Key early adoption metrics include:

MetricDetail
Wallet-Enabled Users on Hedera NetworkMore than 31,000
Receipts Securely Recorded On-ChainOver 830,000
NFTs Minted (Tokenized Billing Assets)More than 430,000

These figures highlight the growing market demand for a blockchain-powered financial infrastructure capable of modernizing payment and billing ecosystems.

Building the Internet Transaction Economy​

BillsOnChain represents the initial major commercial outcome of the strategic collaboration between String Metaverse and The Hashgraph Group, an initiative first announced at the World Economic Forum in Davos on January 20, 2026.

The platform integrates Hedera's enterprise-grade distributed ledger technology with artificial intelligence to establish an intelligent billing ecosystem. Its features include:

  • Tokenized invoice financing
  • Immutable receipt verification
  • Automated accounts receivable and payable workflows
  • Cross-border billing infrastructure
  • Government procurement transparency
  • Tax invoice digitization, fraud prevention, and compliance automation
  • AI-powered spending analytics

By placing financial documents onto an immutable distributed ledger, BillsOnChain ensures that trusted digital records can be instantly verified while facilitating programmable financial services across various industries.

Leadership Perspective on Digital Transformation​

Ganesh Meenavalli, Managing Director at String Metaverse Limited, stated that "BillsOnChain.IO" marks a significant milestone in constructing the financial infrastructure for the Internet Transaction Economy. He added that by placing invoices and receipts onto blockchain networks, they are promoting greater liquidity, security, transparency, and programmability across global commerce through their partnership with The Hashgraph Group.

Stefan Deiss, Co-Founder and CEO of The Hashgraph Group, emphasized that BillsOnChain demonstrates how Hedera’s enterprise-grade distributed ledger can transform invoice tokenization and financial infrastructure. He noted the long-term vision includes real-time receipt analytics and automated VAT refund processing, building the next generation of global billing infrastructure alongside String Metaverse.

Deepak Lalan, Chief Operating Officer at The Hashgraph Group, commented that Distributed Ledger Technology (DLT) holds the key to solving inefficiencies in financial systems, noting that Hedera provides the necessary scalability, security, and reliability for enterprise and government deployments on a global scale.

Company Overview​

String Metaverse Limited
String Metaverse Ltd is India's first publicly listed Web3 infrastructure company focused on digital asset infrastructure, tokenization, decentralized finance, AI-powered financial systems, blockchain applications, and next-generation transaction infrastructure.

The Hashgraph Group
The Hashgraph Group is a Switzerland-based venture capital and technology company specializing in Web3, distributed ledger technology, artificial intelligence, digital identity, tokenization, and enterprise blockchain solutions built on the Hedera ecosystem.

Stock Price Movement​

As of 13:23, String Metaverse Ltd shares are currently retreating at ₹6.52 after declining by 1.95%. Throughout the session, the stock has shown volatility, trading within an intraday range defined by a low of ₹6.32 and a high of ₹6.70.
 

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