April 27, 2025

Next Gen Settlement System

BIS Engages CurrencyNet to Lay Out the Futuristic Architecture of Project FuSSE

Next Gen Settlement System

CurrencyNet is excited to announce its collaboration with the Bank for International Settlements (BIS) Innovation Hub and the Inter-American Development Bank (IDB) on Project FuSSE (Fully Scalable Settlement Engine). FuSSE is designed to meet the rigorous demands of a rapidly digitizing global economy, addressing the challenges traditional financial market infrastructures face today. This pioneering open-source platform boasts exceptional versatility, capable of supporting diverse scenarios such as payment systems and securities settlements. Its architecture is scalable, efficiently managing increasing transaction volumes, expanding participant networks, and diverse asset types. Critically, FuSSE incorporates quantum-resistant, crypto-agile security protocols, ensuring robust protection and future-proofing financial transactions. Moreover, the project actively supports financial inclusion in Latin America and the Caribbean by simplifying access and integration of efficient payment solutions. CurrencyNet’s involvement reinforces its commitment to innovation and positions it at the forefront of financial infrastructure modernization. Read more.

Share it