Technical details on how Stripe built Ledger, a state-of-the-art money movement tracking system, including how teams at Stripe interact with the data quality metrics that underlie our payment processing network.

Stripe's blog serves as a repository of insights and knowledge regarding online payment systems and strategies for optimizing business performance in digital transactions. Covering a spectrum of topics from payment processing technologies to effective revenue management, it caters to entrepreneurs, developers, and businesses seeking to leverage online payment solutions efficiently. Through a combination of industry analysis, case studies, and best practices, the blog equips its audience with the necessary tools and understanding to navigate the complexities of digital commerce successfully.

Stripe

Stripe's Ledger is an immutable and auditable log that serves as a trustworthy system of record for financial data. It guarantees the accurate tracking and validation of money movement. Ledger encodes a state machine representation of producer systems and models its behavior as a logical fund flow. It provides mathematical evidence that individual systems are functioning correctly. The Ledger is the foundation for Stripe's Data Quality (DQ) Platform, which ensures reliable and timely reporting of money movement issues. DQ metrics, such as clearing, timeliness, and completeness, are used to measure the health and accuracy of fund flows.

Ledger: Stripe’s system for tracking and validating money movement

How we designed the Data Quality (DQ) Platform

Fewer data problems, more reliable reporting