News
Multi-agent prototype of the IPF software is tested
The first test results of the multi-agent prototype of the IPF software are known. Earlier designed and built based on the JADE methodology the prototype was stress-tested at the MIPT in order to evaluate maximum transaction rate, flow, memory consumption and to see how the system works under certain conditions. The system proved to be stable and scalable although there were some problems found regarding handling of a larger number of transactions simultaneously. Test results and the description of the test methodology will later be published on this site.
The Erasmus University of Rotterdam sets research forth
This time two teams at the Erasmus School of Economics of the Erasmus University Rotterdam start research on two themes, namely:
1) Feasibility of Instant Payment Flow for financial business administration.
2) IPF and the direct financial consequences for household incomes and expenditures.
This research is being conducted under supervision of Dr.ir.U.Kaymak ( kaymak @ few.eur.nl )
Moscow State University is interested
The recent news is that the Economy faculty
of the Moscow State University, Economy of
Business and Entrepreneurship chair, got interested in further development of
economical aspects of the Instant Payment Flow concept. A set of research themes
related to IPF will be included the faculty research program for the next
academic year (2007-2008).
To support these research there will be series of seminars organised by the University in the autumn of 2007. These seminars will be started with the discussion of money flows, followed by an analysis of risks and superfluous costs and problem solutions, among which - instant payments, and will be finished with the discussion of research themes to be divided between different work groups.
Work groups will be comprised of two subgroups: direction "Economics" and direction "Management". For each of these groups a set of research themes is preliminary identifined.
Events
Annual Global Finance Conference 2007
The paper "Instant Payment Flow - the new payment paradigm as alternative to anciently used quantified method of payment" has been presented at the 14th Annual Global Finance Conference (GFC2007) in Melbourne, Australia, April 1-4, 2007.
Here are some pictures of the presentation: 1, 2, 3.
Here are the PowerPoint presentation and the article itself.
Seminars at the Erasmus University Rotterdam
Two seminars intended have taken place at the Erasmus University Rotterdam on March 20, 2007.
The final reports / articles will be published later on this site.