Re: Brands excluded from digicash beta
Paul Robichaux (perobich@ingr.com) writes:
Take a look at the process involved in clearing checks and you will soon see how it can get very strange.
If clearing sounds simple, may I suggest as a general rule of thumb to look at the complexities involved with transaction management in distributed database environment, and multiply the complexity found there by the number of banks worldwide. Then, find a way to factor in a many-to-many instead of a one-to-few achitecture. And that rule of thumb completely ignores the fact that if a transaction is fouled up anywhere along the line, one finds extensive legal liability involved instead of a 'mere' corrupt table in a database. -j
jim
From: jamiel@sybase.com (Jamie Lawrence) And that rule of thumb completely ignores the fact that if a transaction is fouled up anywhere along the line, one finds extensive legal liability involved instead of a 'mere' corrupt table in a database. When the algorithms include "Call legal dept. and sue", the ability of most programmers to design systems goes out the window. Jamie's estimate of the magnitude of the problem is probably overstating the case, but not much. Eric
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