> Transaction-level fund flows give us powerful tools to reason about complex interconnected subcomponents.
This article reads as a fluff piece for investors to me; it's primary purpose seems to be boasting about their own quality while offering only the smallest of breadcrumbs about the underlying system.
I'd be curious if others have a different read, and found this to be more insightful/interesting, and why.
As someone in payment tech I found it very interesting.
While Stripe does love to write, I think our core premise here was that being able to reason mathematically about independent distributed systems was a unique application of a ledger. Likewise, we think the data quality offering is a unique extension since it gives us tools to make improvements to our systems over time.
Can you share some links?
How do you deal with float, transactions where the first leg happens in T+0 but settlement is done in T+N ? Do the clearing accounts have a flag/mark allowing for a nonzero balance?
Long-clearing activity makes for some interesting business cases and long-standing float obviously can lead to some detection noise. For example, Brazil has uniquely long settlement times.
btw, are you familiar with Pix? https://www.bcb.gov.br/en/financialstability/pix_en
You may also have suspense accounts for certain types of use cases: https://gocardless.com/en-us/guides/posts/what-is-a-suspense...
However, they still have decent numbers to show their investors.
What would blockchain possibly be helpful with here?
