IBS stands for International Business Settlement Holdings Limited (SEHK stock code: 00147.HK), dedicated to building the world's leading financial technology company.
The rapid development of the global financial technology has brought great revolutions and development opportunities to the global financial industry. IBS seizes the opportunity to establish the Next Generation Settlement Network (NGSN) based on a distributed network and block chain technology. By docking the system with the central bank's RTGS (Real-Time Gross System) of each country to provide a fast efficient, low-cost financial highway among countries.
Based on the unique blockchain technology of Regional Settlement Ring, IBS establishes a multi-currency, international, and distributed globe settlement platform which is not only a center in each region (sovereign states) to govern and administrate together, but also a sharing platform with a large number of participants (the generalized financial institutions). IBS aims at providing worldwide point to point, "7*24" (24 hours per day, 7 days per week), multi-currency, real-time clearing and settlement services for cross-border trade enterprises and individuals.
IBS focuses on the deployment of global financial settlement network to build a strategic core financial infrastructure and implement next generation global settlement standards in the countries and regions along One Belt One Road. IBS aims at the interconnections of each regional settlement ring via docking systems with each country's central bank and commercial banks, such as Europe, Middle Asia, South Asia, Middle East, Africa and other regional settlement rings, carrying real-time multi-currency clearing and settlement between China and globe, country and country in the region, and region and globe respectively.
Countries along One Belt One Road, with a population of about 4.4 billion and an economic volume of 21 trillion USD, cover 64 % of population and 30% of GDP of the world.
In comparison with the traditional high-cost and inefficient clearing and settlement path, IBS, obtains the fast development in the market of One Belt One Road based on its NGSN, reconstructs the segmentation of the global settlement market.
updated 22nd December, 2016
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