OneHypernet is a fintech connecting the world’s foreign exchange markets using a decentralized multilateral netting solution. The result is faster, lower-cost cross-border transactions with complete confidentiality for all parties. OneHypernet’s solution is built on R3’s trust technology. It uses both Corda, an enterprise-grade distributed ledger technology, and Conclave, a confidential computing platform. Challenge Unlike domestic payments, cross-border payments today have the unique problem that there is no trusted central intermediary. This affects both financial institutions at the high end, and money transfer operators (MTO) at the low end. For MTOs, every one must nominate a party to receive and review all transactions in their network. Once received, usually via a

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