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A minimal vocabulary for documenting sales an purchases from the perspective of any person

What is it about?

The paper presents a minimal vocabulary for representing sales and purchases from the perspective of buyers, sellers and third parties (i.e. anyone that is not directly involved in the sale or purchase) at once.

Why is it important?

The vocabulary allows for documenting the sales-data of the seller, the purchase-data of the buyer and that data relevant for third parties in a single data format. This is expected to facilitate data-sharing, information system interoperability, and support the development of one-version-of-the-truth accounting information systems (AIS) and enterprise resource planning (ERP) systems as they are currently being developed with blockchain technology.

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The following have contributed to this page:
Simon Polovina and Wim Laurier
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