Blockchain-Based Trust Framework for Inter Organizational Treasury Settlement Networks

Abstract

Inter-organizational treasury settlement processes traditionally rely on centralized clearing authorities,
manual reconciliations, and fragmented information exchange, resulting in delays, disputes, and limited
transactional transparency. As cross-enterprise financial interactions continue to expand, legacy settlement
mechanisms increasingly struggle to ensure trust, auditability, and real-time visibility across corporate boundaries.
This paper proposes a blockchain-based trust framework tailored for collaborative treasury networks, where
participating organizations jointly validate, authorize, and settle payments using distributed ledgers and consensus
driven smart contract governance. The framework adopts a permissioned blockchain architecture to preserve
confidentiality while enabling immutable audit trails, standardized settlement workflows, and automated
reconciliation procedures. Consensus-based validation reduces dependency on intermediaries, while programmable
smart contracts enforce corporate policies and settlement rules with deterministic execution. Experimental
evaluation demonstrates that the proposed framework minimizes reconciliation delays, enhances data consistency
across multiple treasury units, and provides real-time visibility for compliance and audit teams. The results highlight
blockchain’s potential to establish an interoperable, transparent, and trust-enhanced treasury settlement ecosystem
capable of supporting secure, time-efficient, and scalable inter-organizational financial operations.