NDLI: NOVADIB: a novel architecture for asynchronous, distributed, real-time banking modeled on loosely-coupled parallel processors

Content Provider	IEEE Xplore Digital Library
Author	Ghosh, S.
Copyright Year	1991
Description	Author affiliation: Div. of Eng., Brown Univ., Providence, RI, USA (Ghosh, S.)
Abstract	The author observes that the banking process may be mathematically mapped to a discrete-event simulation system wherein deposits, withdrawals, and transfers may be modeled as events that are introduced into the system asynchronously. An architecture, NOVADIB, is proposed for the check processing subsystem of the Federal Reserve System. It distributes the processing to multiple concurrent cooperating computers at many sites to achieve real-time transaction processing. A user's most recent account balance and the banking privileges of withdrawal, deposit, and transfer are available transparently at any bank within the USA. The ability to initiate multiple transactions corresponding to a single account, simultaneously in time, at different geographical points, is permitted by NOVADIB. NOVADIB guarantees the accuracy of every transaction. The NOVADIB architecture requires that the banking nodes be connected through a ring network. Performance analysis indicates that this approach achieves a very high throughput for transaction processing.
Starting Page	2061
Ending Page	2066
File Size	719234
Page Count	6
File Format	PDF
ISBN	0780302338
DOI	10.1109/ICSMC.1991.169979
Language	English
Publisher	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Publisher Date	1991-10-13
Publisher Place	USA
Access Restriction	Subscribed
Rights Holder	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Subject Keyword	Banking Silicon carbide Real time systems Discrete event simulation Couplings Electronics industry Industrial electronics Terrorism Mathematical model Computer architecture
Content Type	Text
Resource Type	Article

Sl.	Authority	Responsibilities	Communication Details
1	Ministry of Education (GoI), Department of Higher Education	Sanctioning Authority	https://www.education.gov.in/ict-initiatives
2	Indian Institute of Technology Kharagpur	Host Institute of the Project: The host institute of the project is responsible for providing infrastructure support and hosting the project	https://www.iitkgp.ac.in
3	National Digital Library of India Office, Indian Institute of Technology Kharagpur	The administrative and infrastructural headquarters of the project	Dr. B. Sutradhar bsutra@ndl.gov.in
4	Project PI / Joint PI	Principal Investigator and Joint Principal Investigators of the project	Dr. B. Sutradhar bsutra@ndl.gov.in Prof. Saswat Chakrabarti will be added soon
5	Website/Portal (Helpdesk)	Queries regarding NDLI and its services	support@ndl.gov.in
6	Contents and Copyright Issues	Queries related to content curation and copyright issues	content@ndl.gov.in
7	National Digital Library of India Club (NDLI Club)	Queries related to NDLI Club formation, support, user awareness program, seminar/symposium, collaboration, social media, promotion, and outreach	clubsupport@ndl.gov.in
8	Digital Preservation Centre (DPC)	Assistance with digitizing and archiving copyright-free printed books	dpc@ndl.gov.in
9	IDR Setup or Support	Queries related to establishment and support of Institutional Digital Repository (IDR) and IDR workshops	idr@ndl.gov.in