Swiss Fiat AG · Fiat ⇆ Crypto Architecture

The Structure

Direction
Trace
01Client

Client

deposits fiat
02IBAN Issuance

Named IBANs · in the client's own name

OpenPayd

SEPAFPSCHAPSSWIFT

BVNK

SEPA

EqualsMoney

SEPAFPSCHAPSSWIFT

Lorum

SEPAFPSAED localWireSWIFTSWIFT

Privacy IBANs · in Swiss Fiat's name, unique IBAN number per client

BankFrick

SEPACHF localSWIFT
into omnibus
03Omnibus — held in Swiss Fiat's name
Swiss Fiat AG

OpenPayd

BankFrick

EqualsMoney

Lorum

to FX
04Currency Conversion

FX Engine

to exchange
05Crypto Exchange

Crypto Exchange Engine

exchange → crypto out
06Crypto Settlement

Crypto Custody Engine

to client
07Client

Client

receives crypto