Centralized ledger technology
We anticipate a world in which essential parts of financial services, and specifically payments, will move to distributed ledger technology more commonly known as known as blockchain. That’s the database technology made famous by its first application, Bitcoin. At its core, nanorail is a ledger, built on a cryptographically secure chain of blocks, owned by a central trusted authority. Our Centralized Ledger Technology (CLT) improves throughput, simplifies governance, and reduces cost with the security of an immutable ledger.
Track, search, analyze
nanorail’s ledger uniquely identifies and tracks each transaction, application, or data change. The data structure is queryable, so the full history of your database is at your fingertips. This makes it easy to see real-time status updates or how your data has changed over time.
Our Centralized Ledger Technology is incredibly fast, much faster than any decentralized blockchain payments solution. Built with unified features, it is optimized to minimize lag time between operations. With this kind of speed, we are confident that nanorail can reliably scale with your business.
With an immutable ledger that cannot be manipulated, there is no ‘weak link’ in our ledger. All transactions are private, authorized, and indisputable once completed. Plus, we use state-of-the-art cryptography to encrypt all data, not just sensitive data. To put it into perspective, our security far exceeds that of most banks.
Rapid development architecture
nanorail’s unique architecture is made up of three layers: core engine, API, and extensions (applications unique to each product). The core engine is made up of generic elements that are used across products. The simplicity and reusability of this design means we are able to implement platform-wide changes in near real time.
Technology changes can seem daunting and expensive, but they don’t have to be. Here’s a few ways we make integration easy.
nanorail is accessible through customizable APIs supported by detailed documentation
We work 1:1 with you to understand your payment needs and current infrastructure to determine a customized integration approach
We offer sandbox and live production environments, so code can be properly tested and vetted before it’s implemented
Multiple file formats
Our technology can be deployed either in cloud or on premise, offering flexible options for your business
We have a team of implementation consultants and technical experts that manage each deployment, so you are in good hands