The Commonwealth Reserve System is financially inclusive connecting people financially across the world. (full-reserve banking, common-sense compliance, financially inclusive, decentralised: neutral & diversified)
Whether you’re sending funds from Athens, Greece to Austin, US or between EU member states, your CBAN guarantees a seamless, real-time borderless experience backed by the Commonwealth’s full-reserve decentralised guarantee.
CBAN is a standardized, full-reserve universal account identifier designed specifically for the Commonwealth decentralised retail banking network. Built on Commonwealth Blockchain, the transparent Open Banking, blockchain-enhanced ledger allows CBAN to have nearly instantaneous settlement, immutability of records, and end-to-end visibility and thus eliminating reconciliation delays and reducing transaction costs.