What is Onchain Finance
A new Paradigm for the Finance
Tokenization is the next generation of Securities and Payments
Onchain finance is a new approach to financial services, characterized by decentralization of the infrastructure, open access, and innovation. It is often used interchangeably with terms like decentralized finance and open finance.
Onchain finance, which leverages blockchain technology for financial transactions and operations, offers several key benefits:
- Transparency and Immutability: All transactions are recorded on a shared, immutable ledger, ensuring transparency of operations and reducing data reconciliation between stakeholders.
- Decentralization: Onchain finance operates on decentralized networks, reducing reliance on central IT infrastructures and intermediaries, which can enhance resilience and reduce single points of failure.
- Efficiency and Cost Savings: Automated smart contracts streamline processes, reduce manual intervention, and lower operational costs.
- Accessibility: Blockchain technology helps democratizing access to financial services, enabling participation from individuals and entities that may have been previously excluded from asset classes or financial solutions.
- Interoperability: Different blockchain networks and protocols can interact with each other, facilitating the seamless transfer of assets and data across platforms and ecosystems.
- Programmability: Smart contracts allow for the creation of complex financial instruments and automated processes, enabling innovative financial products and services.
- Regulatory Compliance: Onchain finance can incorporate compliance rules directly into smart contracts, ensuring that transactions and lifecycle management of tokenized assets adhere to regulatory requirements.
- Real-Time Settlement: Transactions can be settled almost instantly, reducing the time and costs associated with traditional settlement processes.
- Auditability: The transparent and immutable nature of blockchain records makes it easier to audit transactions and ensure accountability.
These benefits make on-chain finance a compelling alternative to traditional financial systems, offering enhanced security, efficiency, and inclusivity.
Access the Decentralized Infrastructure of Finance
Our Vision
Unlocking Open Finance
We envision a future where finance is modern, efficient, and directly accessible. A world where assets move as swiftly as text messages, where transfers are simple and instantaneous, and where assets interact seamlessly across platforms. More people can access financial services in real-time, enjoying an easy and personalized experience. This is the promise of open finance—built on decentralized ledger technology (DLT) infrastructures and driven by open access and innovation. We are here to enable institutions to upgrade to open finance, unlocking benefits for all.
Our Mission
Drive the Shift to Open Finance
At Tokeny, our mission is to drive the shift to open finance on DLT by empowering institutions with the tools and expertise they need to thrive. We simplify the journey to a more open, efficient, and innovative financial world through our cutting-edge on-chain operating systems and APIs.
Updated 4 months ago