Case Study: Public Mint makes blockchain-based banking accessible with LF Decentralized Trust’s Hyperledger Besu

Public Mint develops a platform with Hyperledger Besu to make blockchain’s financial benefits accessible to everyone

Public Mint, a fintech company, sought to make blockchain-based financial services and decentralized finance (DeFi) yields accessible to a mainstream audience unfamiliar with cryptocurrencies. Their challenge was to create a platform that offered the benefits of blockchain—like instant settlement and low costs—while providing the security, familiarity, and regulatory assurances of traditional banking using the US dollar. They turned to LF Decentralized Trust and implemented a solution using Hyperledger Besu.

The solution from LF Decentralized Trust involved building an Ethereum-compatible platform with Hyperledger Besu that uses fully collateralized, synthetic US dollars. This allowed Public Mint to launch a web wallet for familiar banking operations and an EARN program for accessible DeFi investing. The results were significant, with the platform validating over 28,000 transactions and holding over $2.9 million in on-chain value, demonstrating successful adoption and providing users with a secure gateway to high-yield opportunities.

Public Mint

Paulo Rodrigues

Chief Operating Officer