Notabene has recently launched Notabene Transact, a secure real-time transaction authorisation tool for regulated entities handling complex digital asset flows.

This solution leverages the Transaction Authorisation Protocol (TAP) to turn transaction authorisation into a proactive strategy rather than just a reactive necessity. Tailored for cryptocurrency transactions, Notabene Transact simplifies multi-party interactions and supports scalable operations under compliance constraints.

Overcoming Regulatory Challenges

While clear regulatory guidelines will likely boost adoption among institutions, the rising complexity of transactions highlights the need for reliable compliance measures. Institutions must have robust authorisation infrastructure to manage current digital asset movements efficiently. Existing tools often fail to meet these requirements, but Notabene Transact fills this gap by focusing on practical applications and automating cross-jurisdictional compliance.

Main Features of Notabene Transact

A core feature of Notabene Transact is its dual capability system for discovery and verification. This tool identifies all parties involved in a transaction, ensuring transparency and trust within the process. Additionally, it uses a customisable policy engine that aligns with an institution’s risk tolerance, regulatory obligations, and established business relationships to automate decision-making.

The Transaction Authorisation Protocol (TAP) is an open-source system that facilitates secure, policy-based data exchange across different blockchains without locking users into closed networks. Unlike traditional systems like SWIFT, TAP ensures end-to-end encryption and interoperability in various regulatory environments. Paired with the Notabene Network, it enables global transaction authorisation, operational scalability, and future readiness.