Summary

Recommendation ITU-T X.1405 focuses on payment services use cases. Based on the analysis of use cases, the service model is described and security threats and challenges are also analysed.

As various digital financial services based on digital ledger technology are developed and operated in the real world including transaction accounts, payments services, saving accounts, investment services and insurance services. Hence, this Recommendation also provides a list of security requirements that are specified against threats and challenges.