Anatomy of an ACH Transaction

• rfcs

  5 423 4.7 JavaScript

  Specifications for Interledger and related protocols (by interledger)

  

ILP also specifies settlement; From "Fed expects to launch long-awaited Faster Payments System by 2023" (2022) https://news.ycombinator.com/item?id=32658402 :

> And then you realize you're sharing payment address information over a different but comparably-unsecured channel in a non-stanfardized way; From https://github.com/interledger/rfcs/blob/master/0009-simple-... :

>> Relation to Other Protocols: SPSP is used for exchanging connection information before an ILP payment or data transfer is initiated*

> To do a complete business process, [there's] signaling around transactions, which then necessarily depend upon another - hopefully also cryptographically-secured and HA Highly Available - information system with API version(s) and database schema(s) unless there's something like Interledger SPSP Simple Payment Setup Protocol and Payment Pointers [...]

Clearing (finance) > US: https://en.wikipedia.org/wiki/Clearing_(finance)#United_Stat...

ACH Network:

• InfluxDB

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