Knox Networks provides secure and extensible software infrastructure that supports all global digital money for financial institutions. It is achieving these outcomes through next-generation file-based digital banknote technology, which improves payment scalability, interoperability with different networks, and privacy of consumer data. The solution provides an avenue for upgrading currency systems, enabling real-time, frictionless payments with the ability to achieve finality of settlement globally, as well as value-added services such as programmability, digital identity, escrow, cross-border payments, and delivery versus payment (DvP).