Inter-Company Transfers

Definition ∞ Inter-company transfers refer to the movement of funds or assets between different entities within the same corporate group. In the digital asset context, this can involve using blockchain technology to facilitate more efficient and transparent internal settlements. These transfers aim to streamline treasury operations and reduce reconciliation costs.
Context ∞ The application of blockchain for inter-company transfers is a growing area of interest for corporations seeking to modernize their financial operations. News may report on pilot programs or implementations of distributed ledger technology for internal accounting and settlement. This use case highlights the potential of digital assets to improve corporate efficiency beyond external transactions.