Intrasettle

PROJECT OVERVIEW

• Project: Intrasettle, a blockchain-based financial settlement platform that connects central bank digital currencies (CBDCs) and tokenised M0 liabilities across jurisdictions using the scalable, low-cost BSV blockchain as a global clearing layer.

• Industry: Financial Services / Cross-Border Settlements / Central Bank Digital Currencies (CBDCs)

• Geographic Reach: Global (with a focus on markets exploring CBDC and M0 tokenization)

• BSV Integration Start Date: 2023

BUSINESS CHALLENGE

Inefficiencies or Risks:

Traditional cross-border settlement systems rely on intermediaries, incur high costs, and are slow and fragmented. There is limited real-time interoperability between different CBDC systems and monetary jurisdictions.

Why Traditional Systems Were Insufficient:

Legacy financial infrastructure is ill-equipped for real-time, cross-border, multi-asset settlements involving digital fiat and tokenised assets. These systems struggle with compliance, latency, and cost-effectiveness across borders.

WHY BSV

Why BSV Was Ideal:

Intrasettle selected the BSV blockchain due to its scalable public ledger, ultra-low transaction costs, protocol stability, and support for high-frequency, high-volume financial data transactions. These attributes are critical for secure, regulated CBDC settlement and real-time auditing.

Comparison to Other Blockchains:

Many blockchains lacked the enterprise-grade throughput, regulatory transparency, and micropayment functionality required. BSV stood out as the only protocol supporting the large-scale data and interoperability needs of the financial system without compromising on cost or performance.

SOLUTION ARCHITECTURE

Overview: Intrasettle enables settlement of M0 liabilities—such as CBDCs—using BSV’s public ledger as a common reconciliation layer. It integrates sovereign digital currencies, institutional wallets, and regulatory nodes.

Key Components:

• Data Logging: All transactions and settlements are immutably recorded on-chain.

• Smart Contracts: Used for programmable financial flows and compliance checks.

• Tokenization: CBDCs and central bank liabilities are tokenized as digital representations for real-time movement and validation.

Role of Partners/Vendors:

Intrasettle collaborates with central banks, digital asset issuers, and regulatory technology providers to bridge CBDCs and wholesale banking systems using BSV.

IMPLEMENTATION PROCESS

Phases of Rollout:

• Initial development and concept validation in 2022–2023.

• Live cross-asset settlement demos and partner onboarding from 2023 onward.

Integration with Legacy Systems:

Compatible with traditional banking APIs and core infrastructure through secure messaging layers and identity-linked wallets.

Training & Onboarding:

Intrasettle provides education and onboarding support for central banks, financial regulators, and institutional partners.

OUTCOMES & BUSINESS IMPACT

Quantifiable Improvements:

• Reduced costs by eliminating intermediaries in cross-border settlement.

• Near real-time settlement and auditability.

• Enhanced transparency and compliance with regulatory frameworks.

Before vs After:

• Traditional models: multi-day settlement, high SWIFT and FX fees.

• Intrasettle: seconds-to-minutes settlement, minimal transaction fees on BSV.

Stakeholder Feedback:

Early collaborators and regulators have highlighted the system’s ability to reduce friction while maintaining auditability and legal clarity.

CHALLENGES & MITIGATIONS

Challenges:

• Regulatory uncertainty around CBDCs and tokenized central bank liabilities.

• Ensuring interoperability with a wide range of national financial systems.

Mitigations: Leveraging BSV’s public and transparent ledger allows real-time compliance monitoring. Intrasettle also adopts a layered architecture to map sovereign rules onto programmable logic.

FUTURE VISION

Expansion Plans:

• Connect more central banks and monetary authorities globally.

• Serve as a universal CBDC clearinghouse layer.

Additional BSV Functionalities:

• Micropayments for cross-border fees.

• NFT-based compliance credentials and digital ID systems.