Show pageOld revisionsBacklinksAdd to bookExport to PDFODT exportBack to top This page is read only. You can view the source, but not change it. Ask your administrator if you think this is wrong. ====== 1. Scope ====== [[fxdemo:07-part:start | Go to Top]] 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 specialized 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. fxdemo/07-part/01-scope/start.txt Last modified: 2026/07/18 12:33by 127.0.0.1