Unlike traditional centralised systems such as SWIFT, the DCMS does not have a single owner, making it impossible to forcibly exclude participants

is an innovative software product that enables the decentralised exchange of financial messages between two or more participants

The Decentralised Cross-border Message System

The Decentralised Cross-border Message System DCMS is an innovative software product that enables the decentralised exchange of financial messages between two or more participants.

Unlike traditional centralised systems such as SWIFT, the DCMS does not have a single owner, making it impossible to forcibly exclude participants.
Each participant stores their own transaction data and manages the system on the equal basis with the others. This guarantees secure and reliable operation even in the absence of interaction between participants.

Peculiarities

Peculiarities

01

Creation

The first version of the system was developed in 2022 by the Distributed

Ledger Technologies Centre at St Petersburg University to provide secure

storage and transmission of information, as well as the ability to create

a chain of intermediaries for message transmission in case direct

interaction is impossible

02

International settlements

When developing the DCMS, special attention was paid to international

settlements, so the system can be configured taking into account the

features of cross-border transactions and encryption algorithms allowed

in different countries

03

Access

Access to the information is granted only to the participants in the

transaction and, with the necessary adjustments, to their regulators,

while other participants do not have access to the data

04

For whom

The Decentralised Cross-border Message System developed at St Petersburg

University is ideal for the exchange of financial messages between banks

and organisations in different countries.

05

Encrypted

The system allows transactions to be encrypted in accordance with the

laws of each participating country, and each user can act as an

intermediary between other users

06

independent

In this way, countries can pursue independent financial policies and ensure

the confidentiality of transmitted messages

Any company can test the DCMS from anywhere in the world

  • Easy integration

    The code of the system core is available in open source format, and the system includes libraries for easy integration into automated information systems

  • Support

    The developer concludes confidentiality agreements, and provides documentation, consulting and technical support for integration with the company's existing information systems

  • Anywhere
    Any company can test the DCMS from anywhere in the world
Made on
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