Description
Fnality International aims to revolutionize the financial industry by introducing a digital currency ecosystem built on blockchain technology. Their main product, the Fnality Global Payments System (FnGP), promises instantaneous settlement of cross-border transactions through digital cash assets issued by central banks, integrating high levels of regulatory compliance and security. This initiative, leveraging distributed ledger technology (DLT), seeks to optimize clearance and settlement processes, reduce risks, and enhance liquidity in the financial markets. It enables financial institutions to achieve operational efficiency and interoperability, facilitating seamless payments across various currencies and jurisdictions and supporting the execution of tokenized asset transactions. Fnality represents the commercial fruition of a four-year R&D project and is positioned as a network of decentralized Financial Market Infrastructures (dFMIs) aimed at delivering payment-on-chain solutions for tomorrow's wholesale banking markets. Supported by a consortium of Global Systemically Important Banks (GSIBs) from the "USC Project," Fnality believes in the potential for widespread adoption ...
Fnality International aims to revolutionize the financial industry by introducing a digital currency ecosystem built on blockchain technology. Their main product, the Fnality Global Payments System (FnGP), promises instantaneous settlement of cross-border transactions through digital cash assets issued by central banks, integrating high levels of regulatory compliance and security. This initiative, leveraging distributed ledger technology (DLT), seeks to optimize clearance and settlement processes, reduce risks, and enhance liquidity in the financial markets. It enables financial institutions to achieve operational efficiency and interoperability, facilitating seamless payments across various currencies and jurisdictions and supporting the execution of tokenized asset transactions. Fnality represents the commercial fruition of a four-year R&D project and is positioned as a network of decentralized Financial Market Infrastructures (dFMIs) aimed at delivering payment-on-chain solutions for tomorrow's wholesale banking markets. Supported by a consortium of Global Systemically Important Banks (GSIBs) from the "USC Project," Fnality believes in the potential for widespread adoption ...