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Ledger: Stripe’s system for tracking and validating money movement

Stripe's Ledger is an immutable and auditable log that serves as a trustworthy system of record for financial data. It guarantees the accurate tracking and validation of money movement. Ledger encodes a state machine representation of producer systems and models its behavior as a logical fund flow. It provides mathematical evidence that individual systems are functioning correctly. The Ledger is the foundation for Stripe's Data Quality (DQ) Platform, which ensures reliable and timely reporting of money movement issues. DQ metrics, such as clearing, timeliness, and completeness, are used to measure the health and accuracy of fund flows.

    #data-quality#stripe#payment-processing
Feb 16, 2024•11m read time•From stripe.com
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How Stripe processes paymentsHow we designed LedgerHow we designed the Data Quality (DQ) PlatformHow teams at Stripe explore DQ metricsFewer data problems, more reliable reporting
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Stripe

Stripe's blog serves as a repository of insights and knowledge regarding online payment systems and ...

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