Notabene Launches Revert to Control Post-Settlement Crypto Transactions
New infrastructure is now available to help institutions safely control and track returns of settled crypto transactions. Notabene has launched Revert, a post-settlement control layer for digital asset transactions. This capability has never existed in blockchain payments before, even when regulation requires it.
Until now, post-settlement workflows in crypto have been manual, fragmented, and high-risk. The moment a transaction moved between two institutions, there was no coordinated mechanism to return the funds. Traditional payment systems rely on standardized processes for refunds, corrections, and dispute resolution, but crypto transactions between institutions lacked any coordinated mechanism.
Revert closes this gap by introducing a post-settlement control layer that enables institutions to initiate, authorize, and complete return-of-funds flows with verified wallet destinations and a full audit trail. It is built on the Transaction Authorization Protocol (TAP) and allows institutions to coordinate refunds across counterparties as a shared network standard.
According to Notabene's CEO Pelle Braendgaard, 'Blockchain finality makes sense for settlement. It doesn't make sense for everything else institutional payments actually require: coordinating across counterparties, correcting mistakes, and unwinding transactions that shouldn't have gone through.'