About io.network

  • Updated

io.network enables 24/7/365 multi-currency fiat and digital asset settlements for clients of the network in a safe, secure & compliant environment by leveraging our permissioned blockchain with self-custody technology via our io.vault solution.

Benefits for financial institutions:

  • Increased Revenues: This program provides an opportunity for the bank to generate new revenue streams from fees associated with digital asset trading, settlements, and interest generated from cash to be held in reserve for settlement purposes.
  • Competitive Advantage: By offering a state-of-the-art instant-settlement platform, the bank can differentiate itself from its competitors and further establish a competitive advantage within the digital asset space.
  • Increased Efficiency and Reduction of Manual Workloads: The instant settlement platform will centralize all digital asset trades, which will increase the speed and efficiency of the bank's overall operations and reduce the risk of manual errors.
  • Enhanced Customer Experience: The platform will improve the customer experience and increase client's satisfaction with the bank's services. In turn leading to increased customer retention and acquisition.

Technology Background

io.network leverages our exclusive and innovative suite of technologies:

  • io.vault: A cryptographically enforced signing and self-custody technology solution that offers the network users the highest level of security and scalability for digital asset transactions;
  • io.chain: The permissioned blockchain on which the bank will issue and manage its own private digital assets for their clients.

 

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