evolution
Mojaloop Evolution Workstream
This workstream is aimed at carrying out a significant evolution in Mojaloop's most critical central services:
Replacing the accounting ledger functionality at the heart of Mojaloop with TigerBeetle.
Replace the heart of the settlement engine with TigerBeetle functionality updating it with Settlement V3 capabilities.
Business Justification
This workstream has strategic importance; TigerBeetle is the next generation ledger technology developed specifically with Mojaloop in mind, and offers the potential of a transaction throughput performance improvement of at least an order of magnitude.
Contributors
Michael Richards
James Bush Lewis Daley Sam Kummary Paul Makin
Latest Update (Summary)
Forensic Audit
The forensic audit redesign is ready for implementation but awaits funding from forthcoming adoption projects. No significant progress is expected until mid-Q1 2026.
New Accounting Model
The new accounting model is broadly agreed and represents a major shift toward alignment with international accounting standards. This addresses concerns raised by global institutions and enhances Mojaloop’s credibility as a financial infrastructure platform. The initial target is TigerBeetle, though the team has not yet decided whether a MySQL version of the new model will also be produced.
TigerBeetle Integration
Given the accounting model’s increased complexity, TigerBeetle is the preferred ledger engine. Integration planning is underway, with work expected to begin before Christmas.
Settlement v3
Settlement v3 introduces deterministic settlement batches, addressing long-standing reconciliation challenges and enabling multi-scheme scalability. TigerBeetle will store settlement batch keys, while SQL components and admin APIs will require substantial enhancement to support model configuration, batch tracking, and settlement operations.
Applicability
This version of this document relates to Mojaloop Version 17.1.0
Document History
1.1
4th December 2025
Paul Makin
Added latest update
1.0
25th November 2025
Paul Makin
Initial version
Last updated
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