Join the Central Banking Revolution: Soramitsu offers a production-proven and comprehensive DLT-based platform for national payment systems with Central Bank settlement finality.

Real Time Gross Payment System

"Studies have shown that shifting from a paper-based to an electronic-based payment system can generate an annual savings of 1% of GDP. Moreover, electronic payments can also enhance financial inclusion by extending financial services to the unbanked communities."

Bank Negara Malaysia (bnm.gov)
The revolutionary and unique DLT core solution allows for real-time gross domestic and cross-border payments between any and all account holders on a single platform.

The optional digital currency is a secure alternative to paper bank notes designed to function within the parameters required by the banking system. Using a secure and standardized digital currency as a means of payment can increase trust and confidence in the payment system.

The unique DLT core solution allows for real-time gross domestic and cross-border payments between any and all account holders on a single platform.

The optional digital currency is a secure alternative to paper bank notes designed to function within the parameters required by the banking system. Using a secure and standardized digital currency as a means of payment can increase trust and confidence in the payment system.

Core Product Features
End Consumer Features:
  • Deposits and withdrawals to and from a traditional bank account or a digital account
  • EMVCo-compatible QR codes for near instantaneous money transfers between users and merchants bank or digital accounts
  • Support for sovereign digital currencies, foreign currencies, and additional digital assets User-friendly KYC using physical ID document scan and ID photo check with biometric liveness detection
Admin Features (Banks & Payment Providers):
  • Out-of-the box automated reporting, and back-office monitoring application
  • A single universal mobile application that can be customized by any commercial bank or payment provider, or embedded into existing applications to be used by all account holders on iOS and Android
  • Multi-language support
  • Manage users' limits
Core Product Features
End Consumer Features:
  • Deposits and withdrawals to and from a traditional bank account or a digital account

  • EMVCo-compatible QR codes for near instantaneous money transfers between users and merchants bank or digital accounts

  • Support for sovereign digital currencies, foreign currencies, and additional digital assets User-friendly KYC using physical ID document scan and ID photo check with biometric liveness detection
Admin Features (Banks & Payment Providers):
  • Out-of-the box automated reporting, and back-office monitoring application

  • A single universal mobile application that can be customized by any commercial bank or payment provider, or embedded into existing applications to be used by all account holders on iOS and Android

  • Multi-language support, manage users' limits
Our DLT Core Solution is based on Hyperledger Iroha, a fast and effective permissioned blockchain and distributed ledger. Iroha can handle millions of account holders making tens of millions of transactions every day, as fast or faster than any modern bank transfer.
Iroha's crash-fault tolerant consensus protocol, Iroha keeps information about every account and transaction securely and reliably.

There are different possible configurations of the system with respect to the number of nodes and location of the payment gateways.

The technology
Relevant code base for existing Soramitsu projects have been audited by Nettitude
Our Solution in Action
Mobile Native Digital Account
Our Solution in Action
Mobile Native Digital Account
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