Difference between revisions of "Transaction"

From Open Risk Manual
(Initial Entry)
 
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== Definition ==
 
== Definition ==
'''Transaction'''. It is the action of executing a function or an application. An example of a transaction is the execution of a purchase order  at the point of sale and the processing of authorization and clearing messages.In the case of Bitcoins, the transactions record monetary parameters. In other blockchains, it can also be the results of smart contracts.
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'''Transaction'''. It is the action of executing a function or an application.  
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== Example ==
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An example of a transaction is the execution of a purchase order at the point of sale and the processing of authorization and clearing messages.In the case of Bitcoins, the transactions record monetary parameters. In other blockchains, it can also be the results of smart contracts.
  
 
[[Category:Supply Chain Finance]]
 
[[Category:Supply Chain Finance]]

Revision as of 21:14, 17 May 2021

Definition

Transaction. It is the action of executing a function or an application.

Example

An example of a transaction is the execution of a purchase order at the point of sale and the processing of authorization and clearing messages.In the case of Bitcoins, the transactions record monetary parameters. In other blockchains, it can also be the results of smart contracts.