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| ====== Ledger ====== | ====== Ledger ====== |
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| [[dido:99_annexes:99_annexes:annex-b-terms-and-definitions:start|Go up to Terms and Definitions]] | [[dido:99_annexes:annex-b-terms-and-definitions:start|Go up to Terms and Definitions]] |
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| ===== Discussion ===== | ===== Discussion ===== |
| A Ledger is a record of entries documenting accounts, balances, obligations, transfers, settlements, or other value-related changes. | A Ledger is a record of entries documenting accounts, balances, obligations, transfers, settlements, or other value-related changes. |
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| In a [[dido:99_annexes:99_annexes:annex-b-terms-and-definitions:f:financial_system|Financial System]], a Ledger supports accounting, settlement, reconciliation, accountability, and review. A Ledger may appear in centralised, distributed, or replicated forms, depending on the implementation context. | In a [[dido:99_annexes:annex-b-terms-and-definitions:f:financial_system|Financial System]], a Ledger supports accounting, settlement, reconciliation, accountability, and review. A Ledger may appear in centralised, distributed, or replicated forms, depending on the implementation context. |
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| The FX Demo [[dido:99_annexes:99_annexes:annex-b-terms-and-definitions:r:reference_architecture|Reference Architecture]] does not require a Ledger as the organising mechanism for governed work, compensation, settlement, audit, or provenance. Later implementation profiles may use ledger-based artefacts where they satisfy the applicable architectural requirements. | The FX Demo [[dido:99_annexes:annex-b-terms-and-definitions:r:reference_architecture|Reference Architecture]] does not require a Ledger as the organizing mechanism for governed work, compensation, settlement, audit, or provenance. Later implementation profiles may use ledger-based artifacts where they satisfy the applicable architectural requirements. |
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| ===== Definition ===== | ===== Definition ===== |
| ===== Source ===== | ===== Source ===== |
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| Generalised from financial accounting, settlement, and ledger concepts; specialised for use in the FX Demo Reference Architecture. | Generalised from financial accounting, settlement, and ledger concepts; specialized for use in the FX Demo Reference Architecture. |
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| ===== Note ===== | ===== Note ===== |
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| A Ledger is not necessarily a blockchain, distributed ledger, database table, journal, payment system, or settlement system. Those artefacts may implement, support, or contain ledger entries. | A Ledger is not necessarily a blockchain, distributed ledger, database table, journal, payment system, or settlement system. Those artifacts may implement, support, or contain ledger entries. |
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| ===== Example ===== | ===== Example ===== |