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requirements:use-cases:use-case-micro-payment [2016/11/01 15:15]
Jeremy Sevareid created - migrated from legacy github wiki
requirements:use-cases:use-case-micro-payment [2016/11/02 19:50] (current)
Jeremy Sevareid Amend - fixed legacy wiki formatting
Line 1: Line 1:
-FIXME+====== Micro Payment Use Case ======
  
-Micro Payment : +Any monetary transaction has a transaction fee associated with it. In case of micropayments,​ the amount of the fee becomes especially important as any fixed amount would not leave any money to the final beneficiary. So, for micro payments, the transaction fee should be ideally zero (0).
  
-Any monitory transaction has a transaction fee associated with it. In case of micropayment,​ the amount of fee become especially important as any fixed amount would not leave any money to the final beneficiary. - so for micro payments : the transaction fee should be ideally 0. +==== Private/​public company equity issuance/​trading/​tracking/​servicing ​====
-*** Private/​public company equity issuance/​trading/​tracking/​servicing ​***+
  
-* User #1 - operator ​of the ledger ​governments and States ​who perform incorporation,​ governance and servicing of Corps, LLCs, Partnerships +** User Type #1** 
-* User #2 - the consumer ​of the information on ledger ​- issuing ​agency (ex. State of New York); exchanges; founders ​of companies, investors ​into companies, shareholders,​ employees ​with stock options; banks providing services ​and and that must perform KYC +  * Operator ​of the ledger 
-* Assets: ​a) stock certificates (various classes of such stock), membership ​interests, partnership ​interests ​b) metadata ​to be attached on top could include all sorts of compliance ​- registered ​agents, annual ​reports, tax filings, certificates ​of good standing ​etc+  * E.g., governments and states ​who perform incorporation,​ governance and servicing of Corps, LLCs, Partnerships 
 + 
 +** User Type #2** 
 +  * The consumers ​of the information ​stored ​on the ledger 
 +  * For example, these may include: 
 +    * Issuing ​agency (ex. State of New York) 
 +    * Exchanges 
 +    * Founders ​of companies 
 +    * Investors ​into companies 
 +    * Shareholders 
 +    * Employees ​with stock options 
 +    * Banks providing services and that must perform KYC 
 + 
 +** Assets ​** 
 +  * For example, these may include: 
 +    * Stock certificates (various classes of such stock) 
 +    * Membership ​interests 
 +    * Partnership ​interests 
 +  * Metadata ​to be attached on top and could include all sorts of compliance
 +    * Registered ​agents 
 +    * Annual ​reports 
 +    * Tax filings 
 +    * Certificates ​of good standing
requirements/use-cases/use-case-micro-payment.txt · Last modified: 2016/11/02 19:50 by Jeremy Sevareid