Reading the ledger as Northwind
pariNEAR testnet
Demo mode. The server holds a testnet key for every party. Each action is still signed by the one account entitled to it.
Who sees whatDemo mode. The server holds a testnet key for every party. Each action is still signed by the one account entitled to it.
Who sees whatReading the ledger as Northwind
Borrower
Pay what the agent requests, keep the DQ list, and see who holds the loan. A payment is one transfer into the contract; how it is shared among the lenders stays in the books.
One transfer of test USDC into the contract. The agent then settles it: every lender is credited in one step, and never more than was paid in.
Interest to 15 Sept 2027 (USDC)
1,993,333.32
On the public chain: total 1,993,333.32, paid in 0.00.
Pay less to see a short payment: every lender gets the same fraction, and the rest stays owed.
Buyers Northwind refuses as lenders. The list travels to the enclave sealed, so the chain carries only ciphertext. A buyer is screened against it when a trade settles, and never sees the list or its own result.
Who holds the loan. The borrower sees every lender's principal; no lender sees another's.
| Lender | Principal | Share | Accrues from | Due at period end |
|---|---|---|---|---|
| Alder | 39,750,000.00 | 39.75% | 15 Jul 2027 | 793,975.00 |
| Birch | 30,000,000.00 | 30.00% | 15 Jun 2027 | 598,000.00 |
| Cedar | 20,000,000.00 | 20.00% | 15 Jun 2027 | 398,666.66 |
| Delta | 10,000,000.00 | 10.00% | 15 Jun 2027 | 199,333.33 |
| fe0b…2de2 | 250,000.00 | 0.25% | 15 Jul 2027 | 3,358.33 |
Northwind sees who sold to whom, how much and when, because its lenders change. It never sees a price: that is between the seller, the buyer and the agent.
| Seller → buyer | Par | Trade date | Status | Price |
|---|---|---|---|---|
| Alder → fe0b…2de2 | 250,000.00 | 15 Jul 2027 | Settled | Not in this envelope |
| Alder → Delta | 10,000,000.00 | 14 Jan 2027 | Settled | Not in this envelope |
| Alder → Rival | 10,000,000.00 | 14 Jan 2027 | Not settled | Not in this envelope |
What each lender received from Northwind's payments. The chain shows only each payment's total.
| Payment | Lender | Due | Paid (USDC) |
|---|---|---|---|
| Interest to 15 Jun 2027 | Alder | 1,219,833.33 | 1,219,833.33 |
| Interest to 15 Jun 2027 | Birch | 890,500.00 | 890,500.00 |
| Interest to 15 Jun 2027 | Cedar | 593,666.66 | 593,666.66 |
| Interest to 15 Jun 2027 | Delta | 264,333.33 | 264,333.33 |
| Interest to 15 Mar 2027 | Alder | 845,000.00 | 422,500.00 |
| Interest to 15 Mar 2027 | Birch | 585,000.00 | 292,500.00 |
| Interest to 15 Mar 2027 | Cedar | 390,000.00 | 195,000.00 |
| Interest to 15 Mar 2027 | Delta | 130,000.00 | 65,000.00 |
| Interest to 15 Dec 2026 | Alder | 985,833.33 | 985,833.33 |
| Interest to 15 Dec 2026 | Birch | 591,500.00 | 591,500.00 |
| Interest to 15 Dec 2026 | Cedar | 394,333.33 | 394,333.33 |
This screen is Northwind's envelope, opened with Northwind's view key. Anyone can fetch the bytes below from the contract; without that key they are noise.
rjYIv7SoV/hArMYfvOYZq4thWWwbZvt1XJ7qQ/0FoQVkgPSsHx71MLQHSX2JZZwwAWbwFjoal6eKTmSkKDRlEyUX5299p8SJWAY1YdvkkzNu4dnP/3V6r4SwPiTseWkGu23lue3/kMLjw1Pjenq8tGZ1Gb8y99hjKPswXOReufy0/4T1x9CmFWRLGR1igaNRzU1LcjVDdsPnJmYkkYXspaaAYXkVfg5C9TlAqWQOKNfuon1J97EZFq0vlbA9RWroFroxxGYS4UnC11gVnYQ79i2d…
3,013 bytes, written after action #40 to ledger.paridesk.testnet. The books' fingerprint on the chain is b19d411ef6…ce4d47.
Show one fact, and nothing else
Next to the envelope the chain holds a commitment, f49e897bfc…5d0c9c: the enclave's hash over every fact inside. With it Northwind can hand one fact to an outsider, a bank or a regulator, who checks it against NEAR with no key and learns nothing else.