Smart Transactions
Egger L. Mielberg
Abstract
Egger L. Mielberg
Abstract
Fully realized ACCP-based (Atomicity, Consistency,Concurrency, Permanency) online transactions would allow, first, toconnect and manage all associative input transactions to a singleoutput transaction, second, to eliminate any third party that is not aparticipant of transaction contract, third, to fully automate anexecution of multi-steps contracts with a possibility to track them onevery step, fourth, to promptly identify and extract any transactiondata, and fifth, to dynamically scale a transaction networkproportionally to the amount of its active participants.We propose a mechanism that allow every single participant of thetransaction network to dynamically manage any transaction on his orher own economic way.
A significance statement is not available in the OpenAlex record.
A contribution statement is not available in the OpenAlex record.
Method details are not available in the OpenAlex metadata.
Findings are not separately available in the OpenAlex metadata.
Limitations are not available in the OpenAlex metadata.
Application details are not available in the OpenAlex metadata.
Fully realized ACCP-based (Atomicity, Consistency,Concurrency, Permanency) online transactions would allow, first, toconnect and manage all associative input transactions to a singleoutput transaction, second, to eliminate any third party that is not aparticipant of transaction contract, third, to fully automate anexecution of multi-steps contracts with a possibility to track them onevery step, fourth, to promptly identify and extract any transactiondata, and fifth, to dynamically scale a transaction networkproportionally to the amount of its active participants.We propose a mechanism that allow every single participant of thetransaction network to dynamically manage any transaction on his orher own economic way.
Key concepts: Atomicity, Database transaction, Computer science, Consistency (knowledge bases), Distributed transaction, Concurrency control, Database, Concurrency