![]() The TPS employed determines the rate at which a business processes transactions. ![]() But due to the limitations in the prototype, more research is needed to improve both the reference architecture and the blockchain techniques in general. Benefits of Using a Transaction Processing System Some of the benefits of using a TPS are: Increased Transaction Speed Businesses may expedite transactions and reduce client wait times using a TPS. Based on the prototype, it was concluded that the reference architecture has great potential and it could be tool to create blockchain based transaction systems. Transaction processing is a way of computing that divides work into individual, indivisible operations, called transactions. The current architecture was migrated to a new possible architecture using the reference architecture and a prototype of the blockchain based transaction system was made. With a case study, a start of validating the architecture was made. Using an executive information system, for example, a gaming-company. Using TOGAF and ArchiMate a new reference architecture for blockchain based transactions systems was created. They may be transaction processing systems, process control systems, or design and. During the literature review, no clear and accepted reference architecture for blockchain based systems was found, therefore this became the main objective of this thesis. Using blockchain as the record keeper, an open and transparent transaction processing system could be created, without a trusted third party. For example, an order request may be a placement for a computer system and associated peripherals. The order requests may include order placements and order inquiries. But they have one important component in common, they are managed by a single party. A system and method for multi-source transaction processing receives order requests from a client system operated by a user. Transaction process is a term that refers to the adding, changing, deleting, or looking up of a record in a data file or database by entering the data at a terminal or. The traditional transaction processing system work with several different components and their design can differ. They want to explore the possibilities to improve their service by using blockchain to record all the transactions between different parties. There is a Dutch company that tries to help these enterprises, by providing an IT service for reverse factoring. They suffer in accessing financial markets, they are considered high-risk borrowers who need to pay higher interest and they have a problem of insufficient liquidity and working capital. Blockchain based transaction processing system : a reference architecture for an integrated blockchain based transaction processing system.įor small and medium sized enterprises it can be hard to keep their cashflow healthy.
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