OneHypernet is a decentralized payments network that utilizes enterprise blockchain technology to connect foreign exchange markets, enabling real-time visibility and standardized protocols for cross-border transactions. By aggregating transactions through confidential computing, the platform reduces cross-border fees by 96% and shortens payment durations, addressing inefficiencies caused by fragmented banking systems.
Funding
Funding not disclosed
Founders
Product
Problem
Cross-border payments are inefficient due to fragmented banking systems, diverse regulations, and varying operational protocols across different platforms. This results in multiple layers of fees, prolonged transaction times, and a lack of transparency in the payment process.
Solution
OneHypernet provides a decentralized payments network that connects global foreign exchange markets using enterprise blockchain technology. The platform offers real-time visibility and standardized protocols for cross-border transactions, streamlining the payment process. By aggregating transactions through confidential computing, OneHypernet identifies opportunities to offset payments across countries, converting multiple cross-border payments into a single domestic payment. This approach reduces cross-border fees and shortens payment durations by leveraging a global ledger for a shared view of the market.
Target Audience
OneHypernet serves banks, SMEs, payment providers, MNCs, B2B platforms, and central banks seeking to reduce liquidity costs, access wholesale FX rates, expand global reach, optimize cash flow, and enhance regulatory supervision.
Features
- Enterprise decentralized technology connects markets on a global ledger.
- Confidential computing aggregates all transactions in a secure enclave, ensuring data privacy.
- Decentralized netting technology saves FX participants 96% of their cross-border fees.
- Provides a single connection to a full range of integrated FX solutions, including live market rates and KYC screening.
- Interoperable with legacy payment rails, blockchain platforms, and digital currencies.