Transactions and Settlement
IBDT provides a CBDC-based transaction and settlement system "Perseus 2", for processing CBDC issuance, transactions, settlement and tracking. This system aims to improve payment efficiency, reduce transaction costs, enhance financial stability and security. The following are some key components and features of "Perseus 2":
Account management: "Perseus 2" has account management functions to store and manage users' digital currencies. Includes accounts for individuals and businesses as well as interconnected accounts with other financial institutions.
Payment and settlement engine: The core part of "Perseus 2" is the payment and settlement engine for processing transaction requests, verifying transaction validity and real-time settlement. This engine can handle a large number of transactions to ensure system stability and scalability.
Interoperability: In order to achieve interconnection with existing payment systems and other financial institutions, "Perseus 2" has interoperability, that is, "Perseus 2" can seamlessly dock with various payment networks and banking systems to achieve cross-system fund flow.
Offline payment capability: Considering the instability or unavailability of network connections, "Perseus 2" has offline payment capabilities, achieved through the design of a secure offline transaction model, including the use of digital signatures and other encryption technologies for point-to-point transactions between devices.
Data analysis and reporting: In order to monitor and analyze the use of CBDC, "Perseus 2" has data analysis and reporting functions to facilitate central banks understand CBDC transaction activities and market impact, and provide a basis for formulating monetary policy and macroeconomic management.
"Perseus 2" has a series of functions and features to achieve secure, efficient and reliable CBDC Transactions and Settlements. In the process of promoting CBDC development, countries need to fully consider technical challenges, regulatory issues, market acceptance and other factors. "IBDT-CBDC-Perseus" can ensure the successful implementation and operation of CBDC at the scenario level.
