Here is Exclusor presentation deck for Bappenas and KOMPAK. Introducing a new technology is always be the hardest part. A lot of questions regarding on how the government can adopt and kickstart with blockchain technology.
2. “ESGS protocol connects financial institutions, corporates, governments and
people through Exclusor blockchain network to provide real time and low cost
fund transfer globally. ESGS eliminates credit and liquidity risk from the
process, thus lowering costs. ESGS also uses ISO 20022 messaging to
coordinate communication between parties and ease integration process with
existing financial system.“
3. Consensus Algorithm
Smart Contract
Distributed Ledger
Cryptocurrency
Peer to Peer Network
Ecosystem
Proof Of Accountability (PoA)
Public Consortium Network
Distributed Application
Every nodes shares exact
copy of ledger
Krypt cryptocurrency
4. Key Components
Digital Assets IDAEXAlterna Wallet
Digital Assets represent a
fungible tradable goods
Secure and trusted digital
wallet, send and receive
payment
A marketplace platform to trade
digital assets
5. Payment Protocol
Exclusor Gateway
Exclusor Ledger
Messaging Service
Exclusor Network
Financial Institution
Exclusor Gateway
Exclusor Ledger
Financial Institution
ISO 20022 ISO 20022
Connection Connection
6. Use Case 1
Cross Border Payment
TKI BeneficiaryBankBank
ESG
S
TKI initiate payment
with his/her bank
Bank connect to
ESGS and send ISO
20022 PAIN message
Beneficiary bank
receive message and
reply with
reject/accept status
Beneficiary receive
fund transfer
7. Use Case 2
Agriculture Subsidy
Industries
DistributorsBanks AgentsGovernment
Farmers
ESG
S
Government deposit
subsidy fund in banks
Bank processes on
demand liquidity from
distributors/agents
Industries distributes
goods to distributors
Distributors
distributes goods to
agents
Farmers buy subsidy
goods using his
Alterna wallet
8. Use Case 3
Cashless Subsidy
BanksGovernment People
ESG
S
Retailers
ESG
S
Government deposit
subsidy fund in banks
Bank processes on
demand liquidity from
retailers and top up
subsidy to individual
Alterna wallet
People buy subsidy
goods in retailers
9. Use Case 4
Crowd Investment/P2P Lending
Investor Investee
ESG
S
IDAEX
Investors invest in
projects/cause
created by investee
Investee create
project in IDAEX and
receive fund
IDAEX list available
projects and
matching bid and
offer orders
10. Use Case 5
Commodities Trading
IDAEXBuyer Seller
ESG
S
Distribution Service
IDAEX list available
assets and matching
bid and offer orders
Seller create digital
assets to represent
commodities
Buyer directly buy
assets without
intermediaries
Seller distribute
assets via distribution
service
Distribution service
send assets to buyer
11. Benefits
Multiple Currencies Integration
Secure Low Cost
Support payment with fiat
money or cryptocurrencies
ISO 20022 messaging service
for coordinating payments
Transactions is locked by
strong cryptography
Transaction cost only take a
competitive fee for computation
Fast
Fund will be transferred within
5-15 seconds
Transparent
Every transactions is viewable
by all parties including PPATK
& OJK
12. Legal Framework
Regulators Compliance
Bank Indonesia (BI)
Otoritas Jasa Keuangan (OJK)
Pusat Pelaporan dan Analisis
Transaksi Keuangan (PPATK)
Know Your Customer (KYC)
Anti Money Laundering (AML)
Counter Terrorism Financing
(CTF) Act
13. Implementation
Liquidity ProviderProof of Concept
Bank processes payment and
on demand liquidity through
Exclusor Payment Initiation
Protocol
Deploying Private Exclusor
Network Nationally in every
states and cities
ExclusorNet
Initiate pilot project and analyze
project outcome