Let's speak the same language: a formally defined model to describe and compare payment system architectures

Report

Let's speak the same language: a formally defined model to describe and compare payment system architectures

By Bank for International Settlements (BIS)

The authors propose a formally defined model to represent three key functions of payment system architectures: issuance/withdrawal, holding and transfer of funds; using a precisely defined syntax.

  • Use cases, geography and tags
  • Organizations that created, adopted or are mentioned
  • Ecosystem position
  • Link to the original asset
  • Comments and reactions