Intrasettle is revolutionizing cross-border payment settlements through the use of central bank digital currencies (CBDCs) and blockchain technology. Our platform allows for real-time, secure, and cost-effective payments for financial institutions worldwide. By connecting multiple central banks and commercial banks onto a single international platform, each central bank can issue their digital currencies and banks can use these CBDCs to make direct payments to each other in multiple currencies. With Intrasettle, we are committed to reducing settlement risk and delivering exceptional results for our clients.
"While numerous private sector players, from the CLS Group to SWIFT, and central banks have initiated various projects to resolve the existing pain points, we are yet to see a scalable and seamless solution that can work across countries, currencies, and payment systems"
“CBDCs, in my view, is the most efficient answer to this... For example, if India and the US have CBDCs, we don't have to wait for the banks to be open to settle transactions. The central banks on either side need not be open to get the finality of settlement. That massively takes out the settlement of risk from cross-border transactions. So, the internationalisation of CBDCs is something I am looking forward to,”
“While working on some a strategic acquisition transactions with multiple banks involved in the funds flow chain, our team was on high-alert with contradictory inconsistent messages coming from numerous the banks along the chain. While the current systems have been optimized to handle day-to-day transactions, the non-regular, high-value and time-pressured transactions are a real problem area an area to improve.”
