Settlement Automation Platform. Our versatile B2B platform revolutionizes payment settlements between users through the automation of transactions, facilitated by smart contracts built on Hyperledger Fabric frameworks. Enabling direct debit transactions between sellers and buyers, the system ensures quick, secure, and accurate processes, effectively reducing administration costs for both parties involved. Compatible with any reservation system or marketplace, this platform serves as a secure alternative to traditional clearing methods, allowing for better liquidity utilization by eliminating upfront deposits and the need for bank guarantees.
The system streamlines partner onboarding, offers transparent transaction tracking, and minimizes fraud, providing a cutting-edge solution for efficient and secure B2B transactions in the digital era.
A blockchain network built on the Hyperledger Fabric framework serves as a robust foundation for developing applications within business networks, leveraging open-source distributed ledger technology (DLT). This platform supports smart contracts and allows the creation and control of business networks through permissions, utilizing programming languages such as Golang, JavaScript, and Java.
The settlement process on the platform is swift, with funds seamlessly transferred to the counterparty's account. The system meticulously controls financial flows, ensuring secure transactions, and additionally supports refund transactions for added flexibility.
