Learn how Rayls solution for the G20/BIS Techsprint makes a more efficient cross-border system

The multi-CBDC payments solution, powered by Rayls Subnets, was featured in the G20 TechSprint Report: Transforming cross-border payments, issued on October 2024 by the BIS Innovation Hub.

Our core-developers at Parfin addressed how the infrastructure enables seamless, private, real-time cross-border payments for both retail and wholesale use cases, all while preserving domestic monetary policies.  

A global ecosystem of interoperable networks

The Rayls Subnets cross-border payments solution enables private, interoperable transactions between independently governed networks, offering regulated institutions real-time settlements, transaction privacy, scalability, liquidity, and unmatched security with operational efficiency.    

The innovative EVM technology supports:  

  • CBDCs (Central Bank Digital Currencies) transactions
  • Tokenised Deposits
  • Digital Assets Management
G20 Tech Sprint - Transforming Cross-Border Payments - October 2024
BIS TechSprint G20 - 2024
“Núclea is a Financial Market Infrastructure (FMI) focused on registration, payments, and settlement. This project aims to build a network where participants can maintain their own ledger, operate their own private network node, and prioritise interoperability with other networks. This focus on interoperability was one of the key reasons for selecting Rayls as a partner. From a technological standpoint, Rayls best meets our needs and objectives in this market. Rayls' EVM infrastructure enables the creation of smart contracts and asset management. All the blockchain components we currently use are provided by its technology".

Leandro Sciammarella Pereira

Head of Technology Digital Assets, Núclea

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