Operationalizing trustable and verifiable trading with the REA ontology:
The REA2 ontology offers a minimal set of operationalized semantics relevant to all stakeholders in business transactions independent of their role or involvement in these transactions. By formalizing the REA2 ontology as and capturing its axioms in a model, and generating code from it applying a model-driven engineering approach, this REA-model can be used as a generic prototypical and extensible blockchain (or web-service application) that is able to support a variety of business transaction scenarios.
Find out more:
MERODE modelling method: http://merode.econ.kuleuven.be/
B-MERODE blockchain code generator: https://www.youtube.com/watch?v=Tm0WrW9HmRM&t=7s
