Asset tokenization has transformative potential not unlike securitization 50 years ago. But, blockchain is inappropriate for banks which must adhere to confidentiality and compliance requirements.

In this whitepaper, Fortanix presents a new token transfer technology using which tokens can be transferred point-to-point between banks while respecting regulatory constraints.

The whitepaper highlights:

  • Why the tokens model is more efficient than the accounts model.
  • Why blockchains are unsuitable for banks.
  • The need for two new primitives to support interbank tokens.
  • Specific use cases enabled by the Token Vault Network.