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Case Study Payments • Digital Assets • Financial Infrastructure

Interoperability Enablement
for Project Acacia

Designing and delivering a secure interoperability solution for regulated digital money across different systems, platforms, and networks.

Client

Australian Payments Plus (AP+)

Industry

Payments • Digital Assets • Financial Infrastructure

Initiative

Reserve Bank of Australia • Digital Finance CRC

Overview

As part of Project Acacia, a research initiative led by the Reserve Bank of Australia (RBA) and the Digital Finance CRC (DFCRC), AP+ set out to explore how regulated digital money could operate securely across different systems, platforms, and networks.

Hgraph was engaged to design and deliver a secure interoperability solution demonstrating how digital value could move between distinct environments while maintaining the governance, auditability, and operational standards expected in Australia's financial sector.

Challenge

Traditional financial systems and emerging digital-asset networks often operate in isolation, limiting the ability to move value or execute workflows across environments.

For AP+, the objectives were to:

  • Understand how regulated digital money could function across multiple networks.
  • Ensure strong governance, traceability, and operational assurance for all value movements.
  • Create a foundation for future multi-network financial services, without relying on speculative assets or fragile asset-bridging mechanisms.
  • Demonstrate an approach aligned with the risk, compliance, and audit expectations of regulators and enterprises.

Solution

Hgraph developed a secure, permission-aware interoperability layer that enables digital value to move between networks in a controlled and observable manner.

Key Capabilities

Regulated and Auditable Value Movement

All actions are recorded and traceable, supporting compliance and operational oversight across environments.

Permission-Aware Governance

Value transfers and administrative operations follow defined governance rules, ensuring only authorised entities can initiate or manage key functions.

Extensible and Composable Architecture

The interoperability layer is designed to connect additional networks or systems in the future, supporting more complex multi-step financial workflows.

Financial-Grade Performance

The solution is designed to align with the reliability, predictability, and resilience expected in modern payments infrastructure.

How It Works

1

A user initiates a value transfer on one network.

2

The action is validated according to governance and permission rules.

3

A secure communication is transmitted to the destination environment.

4

Equivalent value is made available on the receiving network.

5

All events are logged to ensure complete transparency and auditability.

This process demonstrates how digital value can move across systems without exposing participants to unnecessary operational or financial risk.

Impact

The prototype demonstrates that:

Interoperability between different networks is achievable in a secure and regulated manner.
Digital value can be transferred without relying on synthetic assets or speculative mechanisms.
Complex financial workflows can be orchestrated across multiple environments, enabling new models for payments and digital-asset services.
Governance, auditability, and compliance can remain central, even in multi-network designs.

This aligns with Project Acacia's broader intent to understand how regulated digital money could function as part of Australia's future financial landscape.

Outcome

The work undertaken with AP+ provides a credible, standards-aligned interoperability model that demonstrates both technical feasibility and operational suitability for real-world financial applications.

It creates a foundation for future innovation in:

Payments

Regulated Digital Assets

Multi-Network Workflows

Financial Infrastructure

By enabling value to move as seamlessly as information, the solution supports a future where interoperable digital money can operate across the systems that power Australia's economy.

Read the Full Announcement

Learn more about the partnership and technical details of Project Acacia.

Read Blog Post

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