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The specification doesn’t dictate how private data should be shared and disseminated by the Node, the network layer of FinP2P enables the implementation of either a Push or a Pull pattern, or a combination of both to private data sharing.
Pull
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Asset Information Sharing
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Financial institutions who bring assets into the network (their Primary Assets) need to have distribution control over which other institution’s users may see and transact with the asset. This distribution control may be required at the asset level.
Therefore, organizations can decide to share information about the assets it managesthey manage. The use case is to allow other Organizations to offer the asset to their users.
Organizations can then discover which asset is shared assets are being shared, and by whom, and decide if they want to offer them to their users. Once the asset data is shared, an organization can subscribe to get updates on changes, or it can pull data by sending P2P requests.
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In this use case a user form Organization A wants to Buy assets managed by Organization B. In order to verify the buyer and its legal situation, Organization B sends a request to get user information from Organization A. If the request fails, the user will not be able to transact with the assets.The requested information from the user can be the user’s Country or residence, who provided the KYC, Accreditations, AML etc.