Uptime: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
(Create page. Sources: Linked pages.) |
(Add link.) |
||
| Line 22: | Line 22: | ||
* [[Bank of England]] | * [[Bank of England]] | ||
* [[Bank for International Settlements]] | * [[Bank for International Settlements]] | ||
* [[Best practice]] | |||
* [[Britcoin]] | * [[Britcoin]] | ||
* [[Cash management]] | * [[Cash management]] | ||
| Line 65: | Line 66: | ||
* [https://www.bis.org/about/bisih/topics/cbdc.htm Bank of International Settlements, Central Bank Digital Currency] | * [https://www.bis.org/about/bisih/topics/cbdc.htm Bank of International Settlements, Central Bank Digital Currency] | ||
[[Category:Accounting,_tax_and_regulation]] | [[Category:Accounting,_tax_and_regulation]] | ||
Revision as of 22:16, 22 July 2024
Cash management - treasury - banking - finance - cyber risk - central bank digital currencies - outage.
Uptime means periods during which a system is available and operational.
Uptime is the opposite of an outage, or downtime.
- CBDC uptime targets may be 99.999%
- "Current RTGS and CHAPS services have a target uptime of at least 99.95%, and that would constitute a minimum expectation for Bank of England-managed CBDC infrastructure.
- However, we will explore whether a standard tailored to retail payments, where uptime targets are typically closer to 100%, would be appropriate and deliverable (in particular 99.999%).
- Uptime targets are only one element of payment system resilience, and this target would be complemented by best practice risk management processes and controls.
- There could also be minimum uptime requirements that PIPs and other service providers might need to meet."
- The digital pound: Technology Working Paper - Bank of England - February 2023 - p35.
See also
- Bank of England
- Bank for International Settlements
- Best practice
- Britcoin
- Cash management
- Central bank
- Central bank digital currency
- Central bank money
- Clearing House Automated Payment System (CHAPS)
- Currency
- Currency substitution
- Digital currency
- Digital Dollar Project (DDP)
- Digital euro
- Digital pound
- Digital public money
- e-krona
- e-money
- European System of Central Banks
- Monetary
- Money
- Multi-CBDC arrangement
- Outage
- Payment Interface Provider (PIP)
- Project Icebreaker
- Project Mariana
- Proof of concept
- Real-time gross settlement system (RTGS)
- Regulated Liability Network (RLN)
- Resilience
- Retail
- Retail central bank digital currency (rCBDC)
- Risk management
- Sand Dollar
- Wholesale central bank digital currency (wCBDC)
