1. Scope

Part 7 defines the Governed Node Service Market as a market mechanism for allocating governed functions among Qualified Service Providers using Qualified Nodes.

Part 7 covers:

• Relationship to the Cost Recovery, Compensation, and Settlement Plane
• Relationship to exchange rates and FX settlement
• Qualification-based participation
• Stakeholder roles
• Non-functional characteristics
• Qualification and assurance value
• Competition among equivalent qualified implementations
• Benefits for multinational institutions
• Participation by smaller and specialised providers
• Contrast with blockchain, distributed-ledger, and crypto-economic models
• Governance implications
• Demonstration implications for the FX Demo

Part 7 does NOT define actual FX prices, exchange-rate calculation methods, commercial fee schedules, production billing rules, tax treatment, legal liability, payment rails, clearing rules, regulatory fee amounts, or jurisdiction-specific accounting rules.

Part 7 does NOT require blockchain, tokenisation, cryptocurrency, speculative payment mechanisms, or a separate monetary system.