Fnality International started its life as a pure research project to better understand how DLT could change financial markets. In time, the project grew to include a consortium of financial institutions who wished to explore how Blockchain and Distributed Ledger Technology (DLT) could use tokenised cash assets to settle securities trades. In so doing it sought to alleviate many of the FMI challenges. The initiative became known as the Utility Settlement Coin (USC) Project, with a core objective; the creation of a peer-to-peer digital cash asset to settle tokenised transactions with finality. Having established that these aims were both theoretically and technically possible, the consortium members took a step toward building the system, to enable ‘on-chain’ payment, by investing in the creation of Fnality International (Fnality).

Fnality International

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