Our small value gross real time payment system (SVGRTP) now
has form, and some functions, and some controls. Yet, the real reason for the
design was the ability for its implementers to connect with like payment hubs.
For example a national retailer hooks into the Indian Tribal Organization
SVGRTP, then, they can exchange virtual currency between them in real time, swap
their retailer databases so their retailers can accept the same currency,
thereby reducing bank card network fees while growing their customer base. Diagram
20 shows connected SVGRTP
Diagram 20 Connected SVRTP
The configuration becomes infinitely scalable as shown in diagram
21
Diagram 21 Growth of SVGRTP
The design is complete, however, the devil in any such
undertaking, is always in the details. The design gives a unique risk profile. I
will explore that risk profile in the next several blogs.
Next Blog:
Introducing the Concept of Pressure
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