China Central Bank Mobile Money Clearance and Governance System

To place the Mobile Money transactions under supervision to avoid potential money laundering and oth……

To place the Mobile Money transactions under supervision to avoid potential money laundering and other illegal practices. China Central Bank Build a Central Clearance Network, China central bank-affiliated institutions are the largest shareholder (35%) of this newly established NUCC( Nets Union Clearing Corporation). Alipay and Tenpay account for 10% each. Kingdom Technology empowers the total system with 6H, High performance, High availabilities, High extensibility, High Consistency, High Controbilities, High Security. 

 

Network Architecture:

 

Technical Specifications:

  •  Distribution based and building on the PC server, open-source software.
  •  3 datacenters and 6 Actives Nodes, routine clearance and settlements in every 4 hours.
  •  Processing capacities up to 180K TPS,  triple if comparing to Visa networks global capabilities around 60K TPS.

  

Related links:
NUCC Website: https://www.nucc.com

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