2026-07-072026-07-07http://salesiana.dossiersoluciones.com/handle/123456789/167019We analyze matrix-valued transfer operators. We prove that the fixed points of transfer operators form a finite dimensional $C^*$-algebra. For matrix weights satisfying a low-pass condition we identify the minimal projections in this algebra as correlations of scaling functions, i.e., limits of cascade algortihms.v2, corrected some typosFunctional AnalysisDynamical Systems37C40, 37A55, 42C40The algebra of harmonic functions for a matrix-valued transfer operatortext