THE TECH STACK OF
TOMORROW

Application Layer:  External Applications, Settlity Applications (Trident, Mercury, Nathan Platforms) etc
Messaging Connectivity Layer:   API, Java SDKs etc
Blockchain Layer:  STACS Blockchain
Infrastructure Layer

FOCUS ON
INTEGRATION

INTEGRATION


Tech-stack

WHY STACS

  • Each node has programmable business logic, based on Java, to ensure adaptable access controls for changing enterprise needs – including privacy, eligibility, permissions, digital identity, domains and other business parameters
  • Java was chosen as a stable, established, secure programming language with a global developer base
  • Ever-changing business requirements are supported via Settlity SMT API connectivity layers and SDKs
  • Offers speed-to-market by deploying a production-ready underlying ledger, connected together with business-ready supporting enterprise applications
  • Provides the market-ready full range of applications, rather than relying on third-party developers to build costly applications
  • Supports high Transactions Per Second (TPS) of 4,500, as demonstrated in recent stress-tests done with Dell – read the technical report here
  • Low cost to scale as every single node maintains the same global ledger state
  • Supports both Omnibus and Account-subaccount structure with multiple layers to support B2B and B2C 
  • Achieves transaction finality with our unique consensus algorithm based on a combination of RAFT and PBFT
  • Strict lineage order with regards to transaction executions
  • Provides a single source of truth as all transactions (including configuration and administrative) are on the same single ledger
  • Enables the on-chain enforcement of transactions and conditions through smart contracts
  • Asset’s transferability and trade eligibility will be based on the investor’s suitability or KYC/AML standards, while being in compliance with regulations
  • Personal information will not be published on-chain, in compliance with data privacy laws
  • Privacy features are available, where information can be encrypted. Institutions can also form “Private Networks”, where only participants can receive these transactions. Transaction integrity and balance checks are maintained for all transactions

A participating organisation in the network can host multiple nodes under one domain

  • Should a node fail in a High Availability (HA) scenario, other nodes will take over. Consensus integrity is maintained with one vote per domain
  • Node Failover handles Disaster Recovery (DR) which also allows the entire network to maintain high uptime service levels
  • Simple and cheap to recover, as every single node is on the same ledger state including all configurations

THE STACS
ECOSYSTEM

TRADITIONAL SYSTEMS

APPLICATIONS AND SYSTEMS

FINANCIAL MARKET INFRASTRUCTURE
APPLICATION LAYER


BLOCKCHAIN LAYER



FINANCIAL INSTITUTION USERS
  • INVESTMENT BANK
  • STOCK EXCHANGE
  • ASSET MANAGER
  • BROKER
  • CUSTODIAN