Transaction Record Tagging


Blockchain Patterns, Mechanisms, Metrics > Utility Patterns > Transaction Record Tagging

 

Transaction Record Tagging

How can the traceability and comprehensibility of transaction records be improved?

Problem

Raw transaction records can provide accurate data about transactions, but can lack meaningful information required to track and understand historical transaction data.

Solution

Transaction records can include an optional or mandatory field, allowing users to add supplemental data in the form of tags.

Application

The blockchain application is designed to provide an additional tag field that users can populate prior to submitting transaction records to the network.

Mechanisms

Block Maker

 

 

 

 

 

The auditor retrieves a historic transaction record together with additional data provided by its attached tag value. This helps the auditor better assess and report on the transaction.

Module 12: Fundamental Service API Design & Management

This pattern is covered in Blockchain Module 2: Blockchain Technology & Architecture.

For more information regarding the Blockchain Architect curriculum, visit www.arcitura.com/blockchain.