Contract Flows for Operator Agreement Implementation on Corda DLT

The operator agreement on the Corda Distributed Ledger Technology (DLT) platform encapsulates the logic for executing contractual processes related to the operational management of network assets. This document outlines the contract flows designed to process payments and record asset state changes, particularly in response to installations, disconnects, and other MACD events.

Introduction

The operator’s role is pivotal in maintaining the network’s integrity and ensuring the quality of service delivery. The flows described herein automate the management of digital records, reflecting real-world changes to network assets and customer services.

Flow Specifications

The Corda DLT platform enables us to define and execute complex business flows with precision. The contract flows for the operator agreement can be divided into the following main processes:

Installation Flow

When a new installation is ordered, the following steps are taken:

  1. Initiation: The flow is initiated by the operator after receiving a verified installation request.

  2. Validation: The request is validated against existing digital twins to prevent duplicate records.

  3. Asset State Transition: A new asset state is created, transitioning from Pending Installation to Active.

  4. Payment Calculation: Charges for installation are calculated and sent for payment processing.

  5. Confirmation: On successful payment, the digital twin is updated to reflect the new installation, and the customer is notified.

Disconnect Flow

For service disconnections, the flow operates as follows:

  1. Initiation: The disconnection process starts upon receipt of a verified request from the customer or due to non-payment.

  2. Asset State Transition: The asset state changes from Active to Pending Disconnect.

  3. Payment Adjustment: Any adjustments to the billing due to disconnection are calculated.

  4. Confirmation: After processing any final charges or refunds, the asset state is set to Inactive, and all parties are notified.

MACD Flow

Modifications, additions, changes, and deletions (MACDs) are handled in a similar fashion:

  1. Initiation: The operator triggers the flow following a verified MACD request.

  2. Asset State Evaluation: The current state of the asset is evaluated to determine the required changes.

  3. Asset State Transition: The asset undergoes a state transition appropriate to the MACD event, with the possible states including Pending Change, Active, and Inactive.

  4. Payment Reconciliation: Any charges or credits resulting from the MACD are calculated and processed.

  5. Confirmation: Upon successful reconciliation, the asset’s digital twin is updated, and notifications are sent out.

Payment Processing

The payment processing flow interacts with the asset state transition flows:

  1. Invoice Generation: Following an asset state change, an invoice is generated based on the type of transition.

  2. Payment Transaction: The payment is transacted through the Corda ledger, with each party’s ledger being updated simultaneously.

  3. Receipt Issuance: A digital receipt is issued to confirm the transaction, and the asset state is updated to reflect the payment status.

Digital Twin Synchronization

Digital twin synchronization ensures that digital records match the physical state of the network assets:

  1. Asset State Update: When an asset state changes, the digital twin is updated to mirror this change.

  2. Validation and Confirmation: The new state of the digital twin is validated through consensus mechanisms and confirmed across the network.

  3. Historical Data: The historical state changes are preserved for audit and analytics purposes.

Conclusion

The operator agreement flows on the Corda DLT platform facilitate the efficient and transparent management of network operations. By automating these processes, we ensure that changes in the physical network are accurately reflected in the digital records, thus maintaining the integrity and reliability of the network services.