commit b0af519597f4616caa87907f7f972d5df4480e8c
parent 4777949c0673ef983c25dc86e1e024227e6a6d8d
Author: Florian Dold <florian.dold@gmail.com>
Date: Wed, 11 May 2016 14:38:39 +0200
minor edit
Diffstat:
1 file changed, 3 insertions(+), 1 deletion(-)
diff --git a/2016-rff-website/taler.md b/2016-rff-website/taler.md
@@ -46,7 +46,9 @@ any particular tax code. When customers pay, they use anonymized digital
payment tokens to sign a contract with the merchant. The digitally signed
contract is proposed by the merchant and is supposed to contain all the
information required for taxation -- which typically excludes the identity of
-the customer. Later, the state can obtain the contract by following a chain of
+the customer. The Taler payment system operator will wire funds to the
+merchant's bank account after the merchant presented the tokens of value signed
+by the customer. The state can obtain the contract by following a chain of
cryptographic tokens, starting from a token in the wire transfer from the Taler
payment system operator to the merchant. The payment system operator only
learns the total value of a contract, but no further details about the contract
