FundBlock® will facilitate the payment and transfer of funds processed via a robust smart contract and recorded directly on the HashLynx distributed ledger (blockchain). Based on the remittance amount stated on any funding memo or purchase price letter, the FundBlock® will be integrated with wire transfer services such as Swift in order to post the remittance amount to the counterparty’s bank account based on the wire instructions and admin details, which also are pulled and certified to be correct and immutable. The HashLynx dashboard will automatically create and send related notifications to all parties that the funds were successfully transferred.

FundBlock Screenshot