Mojaloop, ISO 20022, and Interledger: taking the paper out of global trade

Mojaloop, ISO 20022, and Interledger: taking the paper out of global trade

Here the focus is Mojaloop, ISO 20022, and Interledger, which move trade paperwork onto digital rails. Every part of it traces back to a named, primary source.

The Paperwork Layer

This material links the ecosystem to trade documents and paperless-commerce standards. Supporting material comes from the Mojaloop Market Practice Document and the Mojaloop ISO 20022 GitHub. Mojaloop ISO 20022 Market Practice docs, a technical reference from the organizations involved, states it directly:

> Mojaloop’s design is inherently built around the open Interledger Protocol (www.interledger.org). This enables schemes in different currencies/countries to simply interconnect via Forex service providers and settlement solutions. In addition, the Mojaloop Foundation continues to work with API standards bodies, for example, www.iso20022.org – the global standard for banks on payment messaging formats.

What This Means For Market Infrastructure

What it changes for the broader institutional payments and tokenization stack: trade finance needs trusted records and interoperable workflows, giving distributed-ledger systems a practical role beyond speculation. The broader research trail also includes the Mojaloop executive briefing PDF, the World Bank fast payment systems flagship PDF, and the World Bank FPS interoperability PDF.

From The Source

Source screenshot 1 for Mojaloop, ISO 20022, Interledger, Level One Project
Source screenshot 2 for Mojaloop, ISO 20022, Interledger, Level One Project

Receipts For The Trade Finance Thread

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