We now move to the next set of definitions in the model file: the participants!
Let's have a look at the first participant definition:
participant Bank identified by bankID { o String bankID o String name}
This is our first participant type definition, a bank. In the sample application, we have two instances of this type: Dinero Bank and Eastwood Bank.
We can see that participants are identified by the participant keyword, after which follows the type name–Bank. In this case, a participant type is an organization, rather than an individual. As with assets, every participant has a unique ID for identification, and we can see that for banks, it's the bankID field:
participant Bank identified by bankID
For our example, ...
