Lowering transaction costs.
Digital credit assessments, issuing of tokenized securities, digital distribution, digital custody and exchange of assets all cut costs, effort and time across the capital markets value chain.
The Verified Network also features a payment token that represents cash balances in customer accounts on the Verified Network. By being digital, this digital cash token can be held in institutional custody and removes the need for customers to transfer fiat currency from bank accounts to and from Verified Network accounts. This also cuts down bank transfer fees for transactions.