Central banks are increasingly exploring the potential for central bank digital currencies (CBDC)s. The 2021 survey by the Bank for International Settlements (BIS) found that 86% of central banks are actively engaging in some form of CBDC work.
OneHypernet allows central banks to experiment with digital currencies and decentralised settlement mechanisms in a secure environment. Collaborate with both private and public sectors to evaluate cross-border solutions across different platforms and jurisdictions.
Explore the utility of a regulatory node to enhance regulatory supervision, improve data quality of cross-border transactions, improve KYL and AML standards, all while maintaining the privacy of users.
Our decentralised multicurrency, multilateral netting system enables settlement of cross-border payments while reducing the pre-funding requirements of domestic banks needing to hold reserves of another currency.