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The blockchain provides the distributed, redundant, immutable and verifiable ledger layer for the following use cases:

Ledger Storage Use Cases

Asset Transaction

Any transaction that involves assets is recorded in the ledger:

• Issuance: Primary distribution of tokens for an Asset

• Transfers: Change of ownership of an asset’s token

• Redeems: The redeem (burn) of an asset token

• Atomic Swap: Atomic exchange of an asset with a cash asset.

Hash Backup of Private Data

It is encouraged by this specification that Private Data layers implementers persist a verificable hash of the private data in the blockchain.

Organizations on different blockchains can verify the validity of the private data received by creating the Hash value of the private data and sending a broadcast query to the network to check if the Hash matches the one stored in the blockchain.

Transaction Confirmation Record

Whenever an asset transaction is executed in a local or remote FInP2P node, a transaction “conformation record” is generated and sent to the Node requesting the transaction.

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