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2022-07-19 - Ebook - Digital Wallet Build Guide PDF

22 Pages·2023·English
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by ['Kevin Debrown']| 2023| 22 pages| English

About 2022-07-19 - Ebook - Digital Wallet Build Guide

The document discusses how to build a digital wallet fintech product called Billfold using Modern Treasury's APIs. It involves 5 steps: 1) Set up a ledger to track account balances, 2) Create ledger accounts for individual users and total funds, 3) Create a counterparty for each user, 4) Issue virtual bank accounts to users linked to their ledger accounts, and 5) Deposit funds from marketplaces into users' virtual accounts to make them available for spending. This allows Billfold to manage funds on behalf of users without owning the funds.

Detailed Information

Author:['Kevin Debrown']
Publication Year:2023
Pages:22
Language:English
Format:PDF
Price:FREE
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