Intrasettle provides a multi-CBDC platform that utilizes blockchain technology to facilitate real-time, secure, and cost-effective cross-border payments for banks and financial institutions. By connecting central banks and commercial banks, the platform reduces settlement risk and transaction costs, enabling direct payments in multiple currencies without the need for intermediaries.
Funding
$50K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Traditional cross-border payment systems are often slow, expensive, and involve multiple intermediaries, leading to settlement risk and high transaction costs for banks and financial institutions. Existing solutions lack scalability and seamless integration across different countries, currencies, and payment systems.
Solution
Intrasettle offers a multi-CBDC platform leveraging blockchain technology to enable real-time, secure, and cost-effective cross-border payments. The platform connects central banks and commercial banks, allowing for direct payments in multiple currencies without intermediaries. By using tokenized cash backed by central bank money, Intrasettle facilitates automated atomic settlement of transactions, increasing speed and reducing costs. The distributed node architecture ensures stability and manages operational resilience and systemic risks.
Target Audience
Intrasettle targets central banks, wholesale banks, and other financial institutions seeking to streamline cross-border payments and reduce settlement risks.
Features
- CBDC enabled platform for tokenized cash backed by central bank money
- BSV Blockchain enabled solution
- Multi-currency support for managing fragmented liquidity
- Payment vs Payment (PvP) for real-time cross-border payments
- Atomic Delivery vs Payment (DvP) & Token vs Token (TvT) for securities settlement and tokenized secondary markets
- CBDC Cross-border Sandbox for simulating a multi CBDC model and functional testing
- Smart contract-based liquidity provisioning and FX matching
- Mint, Transfer, Redeem & Governance features for CBDC management