Module · 04 — Banking & Settlement
Two rails. One choreography.
A bank rail and a quantum-resistant Algorand rail, settling in lockstep across Asia's Tier-1 network. Tap settle to watch a transaction propagate like a bioluminescent colony — node-to-node, branch-to-branch.
12 nodes online
Bank rail
ISO 20022 · RTGS · DvP/PvP
Order capture
FIX 4.4 / ISO 20022 pacs.008
Netting & matching
Multilateral CCP, T+1 / T+0
Segregation
Client funds ringfenced, omnibus split
RTGS settlement
Central-bank gross settlement, PvP
Reconciliation
MT940 + camt.053 daily close
ISO 20022SWIFT gpiDvP / PvPBCBS 239AML/KYC
Algorand rail
Post-quantum · Atomic DvP · Sub-3s finality
FALCON signatures
NIST PQC, lattice-based
Atomic group txn
Asset ↔ cash in one block, no DvP risk
State Proofs
Cross-chain attestation, quantum-resistant
ASA settlement
Tokenised cash & assets, 3.3s finality
On-chain audit
Immutable ledger, regulator-readable
FALCON-PQState ProofsAtomic DvPCarbon-negReg-readable
Asian banking colony
· 12 nodes · 21 links origin
tier-1 bank
tier-2 / frontier
propagation
Origin
DBS
Hops fired
0
Bloomed
0/12
Status
idle
Tier-1 service coverage · click a bank
HSBC
HSBCHKHH · Hong Kong · G-SIB
$145B
daily FX turnover
SWIFT gpi
98%
ISDA rank
#4
Uptime SLA
99.998%
CLS
member
RTGS membership
CHATS (HKMA) · CHAPS (BoE) · TARGET2 (ECB) · Fedwire (FRBNY)
Rails
SWIFT_GPI · ISO20022 · CLS · CHATS · FPS_HK · CHAPS · FPS · TARGET2 · FEDWIRE · CHIPS · FEDNOW · CIPS
Currencies settled
HKD · USD · EUR · GBP · CNH · JPY · SGD · INR · AED · SAR · AUD · CAD · CHF · ZAR · BRL
Custody links
CCASS · DTCC · Euroclear · Clearstream · JASDEC · ChinaClear · CDP
Top corridors
HK↔UK · HK↔CN · UK↔US
On-chain partners
HSBC Orion · Finality/USC · Project Agorá
CBDC / mBridge
mBridge · Project Agorá (BIS) · e-HKD pilot · Digital Pound exp.
Annual corridor volumes — modelled (USD bn / yr)
| Corridor | USD bn / yr | Weight |
|---|---|---|
| ICBC ↔ CCB | 1,640 | |
| HSBC ↔ ICBC | 1,180 | |
| DBS ↔ OCBC | 902 | |
| MUFG ↔ SMBC | 720 | |
| DBS ↔ HSBC | 612 | |
| HSBC ↔ SCB | 540 | |
| DBS ↔ Maybank | 488 | |
| HSBC ↔ MUFG | 410 | |
| Maybank ↔ CIMB | 386 | |
| Maybank ↔ OCBC | 308 | |
| BCA ↔ Mandiri | 274 | |
| DBS ↔ BCA | 244 | |
| CIMB ↔ BCA | 132 | |
| SCB ↔ KB | 96 |
Modelled from BIS Triennial FX 2022 + bank annual disclosures + RMB Tracker. Replace via SWIFTRef adapter when live.
Asian markets served by both rails
SGXSingapore ExchangeSGHKEXHong Kong ExchangesHKTSETokyo Stock ExchangeJPKRXKorea ExchangeKRSSEShanghai Stock ExchangeCNSZSEShenzhen Stock ExchangeCNTWSETaiwan Stock ExchangeTWBURSABursa MalaysiaMYIDXIndonesia Stock ExchangeIDSETStock Exchange of ThailandTHPSEPhilippine Stock ExchangePHHOSEHo Chi Minh Stock ExchangeVNNSENSE IndiaINASXASXAUNZXNZXNZDFMDubai Financial MarketAETADAWULSaudi ExchangeSAQSEQatar Stock ExchangeQA