DisLedger creates a private ledger between the counterparties to a trade. DisLedger doesn’t mix every company’s transactions into one common chain, but keeps each counterparty’s transaction in its own distributed ledger called a Counterparty Ledger. This way DisLedger provides the cryptographic benefits of blockchain but also maintains complete privacy of all transactions; allows for net or gross settlement; processes hundreds of thousands of transactions per second; and does not suffer from latency issues.
The architecture provides the Golden Record of transactions, reduces clearing time to free up collateral, and supports large-scale, low-value payments such as Internet Of Things (IOT) micropayments. DisLedger provides definitive final settlement for capital markets; processes hundreds of thousands of transactions per second; and supports the regulatory required central clearing parties in the financial market infrastructure.
DisLedger is scalable for definitive, final settlement of hundreds of thousands of transactions per second. Whereas latency, lag and a lack of finality are noted deficiencies in blockchain, DisLedger can keep pace with the fastest markets.
Cyber security is greatly enhanced by DisLedger because the network is closed and isolated from the internet; transaction data is only shared between counterparties, no third-parties are involved; and the simple governance model makes it easy to upgrade to new encryption standards including future quantum resistant encryption. 2 www.disledger.com info@DisLedger.com September 30, 2017 Copyright© 2017
The transactions are shared with the counterparty directly and are completely private, so competitors will never see the trades. Leakage of business intelligence, the negative consequence of full transparency, is a significant issue in blockchain but is avoided in DisLedger.
Business continuity is assured as transactions are processed only by the parties to the trade, so third-party competitors can’t block or delay trades in the system. The inherently private design of the Counterparty Ledgers supports compliance with data privacy regulations