Re: Is xsd : decimal safe to use in financial transactions?

On 9 April 2014 06:45, Dave Longley <dlongley@digitalbazaar.com> wrote:

> On 04/08/2014 10:27 PM, Anders Rundgren wrote:
> > On 2014-04-09 01:15, Melvin Carvalho wrote:
> >> I'm not 100% clear on this, but there's lots of articles around the
> internet about the dangers of this e.g.
> >>
> >>
> http://stackoverflow.com/questions/3730019/why-not-use-double-or-float-to-represent-currency
> >>
> >> Is it safe to use decimals in the commerce ontology?
> >>
> >> https://web-payments.org/specs/source/vocabs/commerce.html#amount
> >
> > Yes, it is.
> >
> > Both database engines (SQL Server etc) and programming languages (java
> etc)
> > features decimal data types for financial data.
> >
> > Other uses of decimal numbers is beyond my knowledge.
> >
> > Cheers,
> > Anders
> >
> >
>
> Yes, and xsd:decimal is a decimal number of arbitrary precision, it is
> *not* a double or float (see xsd:double or xsd:float for doubles and
> floats, respectively).
>

Thanks!


>
>
> --
> Dave Longley
> CTO
> Digital Bazaar, Inc.
>
>