Near Real-Time Transfer

Definition ∞ A near real-time transfer refers to a financial transaction that processes and settles almost instantaneously, with only a minimal delay between initiation and completion. While not strictly immediate, the latency is typically measured in seconds, providing a significantly faster experience than traditional batch processing systems. In digital asset contexts, this speed is often achieved through optimized blockchain protocols or layer-2 solutions. Such transfers enhance liquidity and operational efficiency.
Context ∞ Near real-time transfers are a key focus in news about payment system modernization and the utility of cryptocurrencies. Reports often highlight how blockchain technology facilitates faster international remittances and instant settlements for businesses. The discussion includes the technical advancements enabling these speeds, such as faster block times or specialized payment channels. The pursuit of true real-time global payments continues to drive innovation in the digital finance sector.