XPayIndustry WIKIBack to home
XPAY KNOWLEDGE

Industry WIKI

Digital assets and currencies

Understand assets, networks and trading mechanics with sources you can check.

Banking

Flow of funds

Flow of funds accounts are a system of interrelated balance sheets for a nation, calculated periodically. There are two types of balance sheets: those showing

Networks

OpenTimestamps

OpenTimestamps (OTS) is an open-source project that aims to provide a standard format for blockchain timestamping.

Banking

Reconciliation (accounting)

In accounting, reconciliation is the process of ensuring that two sets of records (usually the balances of two accounts) are in agreement. It is a general practice for businesses to create their balance sheet at the end of the financial year as it denotes the state of finances for that period. Reconciliation is used to ensure that the money leaving an account matches the actual money spe

Payments & settlement

Yape (payment)

Yape (pronounced [ˈʝape]) is a digital wallet and mobile payment application developed by the Banco de Crédito del Perú (BCP) in 2016. As of 2025, it has over 20 million users. Its features include instant, commission-free peer-to-peer transfers, bill payments, and purchases using a smartphone via a phone number or QR code, without requiring a traditional bank account, enabling its use b