Singapore’s OneHypernet teams up with R3 to build netting solution

Instead of searching through a chain of banking agents, the most efficient settlement routes are automatically generated.

Singapore-based payments network, OneHypernet, has partnered with enterprise software firm R3 to build a decentralised yet secure multilateral netting solution.

The solution will be powered by Corda, R3’s flagship enterprise blockchain platform, and Conclave, R3’s new computing platform which secures sensitive business data whilst it’s being used.

By leveraging on confidential computing, OneHypernet’s decentralised multilateral netting solution aggregates transactions from multiple parties while keeping data secure and private, the press release said.

For example, instead of searching through a chain of banking agents, the most efficient settlement routes are generated from all permutations, providing a complete view of the foreign exchange market.

Follow the links for more news on

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Event News

Event News

SBR National Business Awards 2024 Winner: Wiseasy Technology Pte Ltd Cards & Payments
Lay Cheng Tan, Co-Founder & Chief Investment Officer, and Mayank Raheja, Managing Director (EMEA & SA) of Wiseasy Technology Pte Ltd, provided insights into preventing fraud and inefficiency with the WiseQ QR Payment Solution.
Cards & Payments SBR National Business Awards 2024 Winner: Wiseasy Technology Pte Ltd
Lay Cheng Tan, Co-Founder & Chief Investment Officer, and Mayank Raheja, Managing Director (EMEA & SA) of Wiseasy Technology Pte Ltd, provided insights into preventing fraud and inefficiency with the WiseQ QR Payment Solution.