Re: USE CASE: HTTP URI denoting a Bank-Account?

Having already given this question some thought, I'd already decided that a
URI is probably not the best solution. It makes it too easy for one server
to start serving as an account/wallet for lots of people at once, which may
seem harmless enough at first, but it may be enough if those people simply
know each others' specific URIs it may be enough to start gaming the system
or otherwise trying to hack each other.

Therefore in my opinion, URI specification is inadequate and
accounts/wallets/money bags/whatever you wanna call them should each be
completely specified by a FQDN (host-specific while ignoring path), such
that no two wallets/accounts share the same FQDN. That does also mean that
every possessor of a wallet must first possess a domain and/or a subdomain
that nobody but they control. (These can easily be managed via existing
registrar ownership and transfer regulations and of course, the DNS system.)



Dave Lampton
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On Tue, Jun 3, 2014 at 11:36 PM, Tim Holborn <timothy.holborn@gmail.com>
wrote:

>
> I was wondering about how some form of HTTP URI might be provided to a
> bank-account customer.  Banking systems currently have an array of
> different identifiers that are provided between parties for the purposes of
> transferring funds (say, from parents to children, etc.) Existing account
> details work within banking systems (SWIFT codes, BSB / Account Numbers,
> etc.); however i couldn’t find the schema available to provide a HTTP URI
> of a bank account at Web-Scale?
>
> I envisage this to be similar to a crypto-currency address, perhaps with a
> relation to an institution?
>
> EXAMPLE (not syntactically accurate for web-payments / payswarm)
>
> whereas;
>
> IdP: bitcoin
> ADDRESS: 12V7BYH4jPTeeWXfEKJ1rrifizgdvkrzsU (example only)
> Amount: 1
> valueFormat; bitcoin
>
> now therefore;
>
> IdP: Westpac.AU
> Address: 123546799876688232234 (example only - account doesn’t exist to my
> knowledge)
> Amount $1.00
> valueFomat: AUD
>
> Therein; I have a foaf profile document:
> http://ubiquitous.rww.io/profile/card#me whereby i can list or insert my
> bitcoin addresses.  How can an individual create a HTTP identifier / method
> for a traditional banking accounts?  Equally, the address could be
> converted into a QRCode or other form, denoting the same details (and
> enabling the same transaction).
>
> Is defining a HTTP URI identifying a bank account; and, To use a HTTP URI
> to make a transaction to a bank-account, between institutional banking
> providers (?) within scope…
>
> does a method already exist (as provided by banking institutions, not via
> intermediary, such as paypal)?
>
>
>
>