Tokenized Deposits and Token Services

Tokenized deposits

DCM offers new payment processing solutions that outperform the existing payment processing systems rather than creating a new form of money

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Tokenized Deposits introduce the concept of tokenized deposits. It’s a future widely adopted technology to process digital money within the digital asset ecosystem. This innovation leverages connectivity to traditional banking infrastructures and regulatory safeguards, ensuring a secure and reliable digital banking experience.

How tokenized deposits work

Traditional banking infrastructure

Bank opens an account in its core banking system following the standard processes and regulatory procedures using existing physical and remote channels.

Regulation, oversight and protection of deposits

Bank keeps and follows its standard processes in full compliance with the local banking legislation under the supervision of the Central Bank. Funds are secured as usual by State Deposit Protection Schemes.

Public distributed network

Opened accounts are tokenized in the network using DCM tokenization solutions. All account transactions are created via existing banking channels: online banking, banking app, and processes using the public distributed network, which provides programmability, instant settlements, transparency, and nearly-zero cost.

Banking core system data is synchronized with the distributed network through DCM protocols for the processing of tokenized messages.

Why industry leaders choose our tokenized payments solution

Retail payments for e-commerce and physical stores (using mobile applications and QR codes)

Reduce the number of intermediaries in retail transactions using DCM tokenization and distributed tokenized message processing platforms. As a result:

reduce the cost of transactions for retail merchants and end-user
reduce the time of settlement from one day to several seconds
increase the efficiency of working capital used by merchants

Programmability and smart contracts create new opportunities for refund policies in e-commerce, which will allow:

to build a more efficient (less costly) process of arbitration and return operations
increase customer and merchant confidence
reduce the share of cash on delivery in favor of online payments.

P2P, С2B, and B2B payments with programmable functions make regular payments, micropayments simpler. It enables payments on certain conditions (Delivery versus Payment, Payment versus Payment), digitizes and automates contractual terms and their execution

State and public finance Transparency, traceability, and authenticity of operations in the public network. It creates a range of opportunities for the public good, especially in dealing with corruption risks. Adherence to the principles of transparency and the latest monitoring technologies is a key condition to attract investments and capital inflow to the economy

budget savings on transaction fees
instant funds settlement, compliant with tender and compliance procedures
harmonized provision of social benefits with tender requirements
payments transparency in the provision and use of social and humanitarian aid
public online reporting on implementation of social projects

Post and mobile operators, which use the model of personal accounts and traditionally tend to introduce financial services based on their customer base

Utilities, public transport, and taxi services billing software and providers

Advantages of tokenized deposit

Stablecoin deposit tokens

Singleness of money

Programmability

The Tokenized Deposit enables users to enjoy the benefits of stablecoin deposit tokens. These tokens are carefully designed and backed by traditional banking systems, offering stability, reducing risks, and increasing efficiency. They serve as a foundation for stable digital money, opening up new opportunities for various applications and businesses.

One of the key advantages of the Tokenized Deposit is its contribution to the "singleness of money" concept in the modern monetary system. By settling in central bank money rather than circulating as bearer instruments, tokenized deposits promote stability and eliminate fluctuations caused by different forms of money, ensuring a consistent and reliable exchange value.

The Tokenized Deposit offers the remarkable feature of programmability for tokenized deposits. Built on distributed ledger technology (DLT) platforms, these deposits enable expanded functionality by introducing contingent execution and composability of transactions. Users can leverage programmable money within the framework of smart contracts, resulting in more efficient transactions and refined payment controls.

Stablecoin deposit tokens

The Tokenized Account enables users to enjoy the benefits of stablecoin deposit tokens. These tokens are carefully designed and backed by traditional banking systems, offering stability, reducing risks, and increasing efficiency. They serve as a foundation for stable digital money, opening up new opportunities for various applications and businesses.

Singleness of money

One of the key advantages of the Tokenized Account is its contribution to the “singleness of money” concept in the modern monetary system. By settling in central bank money rather than circulating as bearer instruments, tokenized deposits promote stability and eliminate fluctuations caused by different forms of money, ensuring a consistent and reliable exchange value.

Programmability

The Tokenized Account offers the remarkable feature of programmability for tokenized deposits. Built on distributed ledger technology (DLT) platforms, these deposits enable expanded functionality by introducing contingent execution and composability of transactions. Users can leverage programmable money within the framework of smart contracts, resulting in more efficient transactions and refined payment controls.

Fungibility and flexibility

The Tokenized Account provides fungibility between traditional deposits and digital asset tokens within the Transparent Network’s DLT-based ecosystem. This seamless transition offers users flexibility and convenience, empowering them to switch between different forms of digital assets and traditional deposits.

Peer-to-peer settlement and integration

Furthermore, the Tokenized Account enables peer-to-peer settlement and integration with smart contracts and other blockchain applications. Depository institutions’ money becomes programmable and usable within these applications, offering enhanced capabilities and possibilities for users.

Regulatory compliance

Users of the Tokenized Account can trust in the regulatory compliance and familiarity of the product. Legally and economically, on-chain tokenized bank deposits are identical to traditional off-chain deposits, ensuring a seamless transition and regulatory compliance.

Run Payments Efficiently

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Tokenized Deposits—Solutions