String Metaverse launches blockchain billing platform in beta with 31,000 users
BillsOnChain on Hedera network targets governments and businesses; early adoption includes 830,000 receipts and 430,000 NFTs on-chain.
— 4 earlier stories on String Metaverse Ltd. →What's new
- Beta launch of BillsOnChain on Hedera network in partnership with The Hashgraph Group.
- Early adoption: 31,000 users, 830,000 receipts on-chain, 430,000 NFTs minted.
- First major commercial outcome from Davos collaboration announced in January 2026.
Why this matters
The beta metrics prove concept traction for a micro-cap company, but the platform carries no revenue guidance or binding contracts yet. It validates the Davos partnership but remains unproven financially.
What we're watching
- Whether BillsOnChain converts early users into paying customers.
- Any revenue guidance or binding commercial agreements.
- How the platform scales beyond beta with enterprise clients.
The full read
String Metaverse and Switzerland's The Hashgraph Group have launched BillsOnChain, a blockchain billing platform in beta on the Hedera network. Early numbers are real: 31,000 users, 830,000 receipts on-chain, 430,000 NFTs minted. That is genuine traction for a product that was merely a Davos announcement in January. But the launch is a proof of concept, not a revenue event. No contracts, no guidance, no binding commitments. For a company that just tripled its profit to ₹102.5 crore in FY26 from gaming and HFT, this platform is a long-term bet — promising, but unproven financially. The open question is whether BillsOnChain converts these adoption metrics into paying customers.
Questions answered
- What is BillsOnChain?
- A blockchain-based billing platform for tokenized receipts, invoice financing, AI analytics, and immutable record-keeping, built on Hedera in partnership with The Hashgraph Group.
- Who are the target customers?
- Governments, financial institutions, and businesses globally.
- What early adoption numbers has the platform seen?
- Over 31,000 wallet-enabled users, 830,000 receipts recorded on-chain, and 430,000 NFTs minted during the beta phase.
- Has BillsOnChain generated any revenue?
- No. The press release provides no revenue guidance, binding contracts, or financial impact. The platform remains in beta.
- How does this launch relate to String Metaverse's recent profit surge?
- String Metaverse posted ₹102.5 crore FY26 net profit from gaming and HFT, but BillsOnChain is a separate product with no immediate revenue link.
String Metaverse Ltd.
Latest quarter · Mar 2026
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Story so far
All notes on META →- 14 Jul 2026 · 1:14 PM IST String Metaverse launches blockchain billing platform in beta with 31,000 users
- 40d ago String Metaverse skips promoter bonus to fix its public-float shortfall
- 43d ago String Metaverse appoints ex-BSE chairman Ravi to lead its board
- 51d ago String Metaverse's profit nearly triples to ₹102.5 cr on gaming and HFT surge
- 51d ago String Metaverse revenue doubles to ₹1,069 cr as gaming and HFT scale