1. Oracle Blockchain Platform Digital Assets Edition
  2. Wholesale Central Bank Digital Currency Application
  3. Wholesale CBDC Wrapper API Package
  4. Deploy and Test Wrapper APIs for Wholesale CBDC

Deploy and Test Wrapper APIs for Wholesale CBDC

Deploying the Wrapper API Package

Before you can deploy the wrapper API package, you must update the required configuration variables. Some configuration variables have default values, but you must manually update any variable that contains a placeholder as its default value. Configuration variables are stored in the terraform.tfvars file in the wrapper API archive. For more information about deploying wrapper APIs and about configuration variables, see Wrapper APIs. The following table lists the configuration variables and their default values for the wholesale CBDC wrapper API package. If the default value contains placeholders, it indicates that the user must manually provide the necessary values.

Variable name Default value Description
compartment_ocid <compartment_ocid> The OCID of the compartment in Oracle Cloud Infrastructure (OCI).
compartment_name <compartment_name> The name of the OCI compartment.
identity_domain <identity_domain> The identity domain to use.
blockchain_channel <blockchain_channel> The name of the Oracle Blockchain Platform channel where the chaincode is deployed.
blockchain_url <blockchain_url> The Oracle Blockchain Platform URL associated with the chaincode deployment.
blockchain_chaincode WholesaleCBDC The name of the chaincode to generate wrapper APIs for.
blockchain_sync true The sync value to include in the payload for API calls.
blockchain_timeout 6000 The timeout value to include in the payload for API calls.
vcn_display_name WholesaleCBDC The display name of the OCI virtual cloud network.
application_display_name WholesaleCBDC The display name of the OCI application.
gateway_display_name WholesaleCBDC The display name of API Gateway.
deployment_display_name WholesaleCBDC The display name of the deployment in API Gateway.
deployment_path_prefix /WholesaleCBDC The deployment path prefix in API Gateway, which specifies the path where routes are deployed. The deployment_path_prefix variable must begin with a slash (/).
ocir_repo_name wholesalecbdc The OCI Registry repository name. The ocir_repo_name variable must be all lowercase letters.
policy_name WholesaleCBDC The name of the policy that enables controlled management and access to APIs through defined permissions for groups and compartments within the organization

For information about the Postman collection, see Wrapper API Package Components.

Wholesale CBDC Sample Process Flow

A typical process flow using the wholesale CBDC wrapper APIs follows these basic steps.
  1. The administrator uses the initializeCBDCToken API to initialize the wholesale CBDC system.
  2. The administrator uses the createAccount and associateTokenToAccount APIs to create accounts and associate the token to accounts for all creators, central bank approvers, issuers, financial institution officers, financial institution approvers, and financial institution users in the system.
  3. The administrator uses the addRole API to assign the minter role to the creator and the notary role to the central bank approver.
  4. The token creator uses the requestCBDCCreation API to submit a request to mint currency.
  5. The central bank approver uses the approveCBDCCreation API review and approve the request to mint currency. The currency is credited to the creator's account.
  6. The issuer uses the getCBDCAccountBalance API to verify that the credited amount is accurate.
  7. The creator uses the transferCBDCTokens API to transfer the currency to the issuer.
  8. The holdCBDCTokens API is used to start the transfer of currency to a financial institution officer.
  9. The central bank approver uses the approveHoldCBDCTokens API to approve the transfer of currency to the financial institution officer. The currency is credited to the financial institution officer's account.
  10. The financial institution officer uses the getCBDCAccountBalance API to verify that the credited amount is accurate.
  11. The financial institution officer uses the holdCBDCTokens API to start the transfer of currency to a financial institution user.
  12. The financial institution approver uses the approveHoldCBDCTokens API to approve the transfer of currency to the financial institution user. The currency is credited to the financial institution user's account.
  13. The financial institution user uses the getCBDCAccountBalance API to verify that the credited amount is accurate.

Postman Collection

The Postman collection in the wholesale CBDC wrapper API package includes additional attributes and APIs that support the wholesale CBDC chaincode. For more information, see Wrapper API Package Components.