@inproceedings{6f406c27433a40d68b4f61eed2963caf,
title = "Shared ledger accounting: Implementing the economic exchange pattern in DL technology.",
abstract = "DLT suggests a new way to implement the Accounting Information System, but after reviewing the current literature our conclusion is that an ontologically sound consensus-based design is missing to date. Against this research gap, the paper introduces a DLT-based shared ledger solution in a formal way and compliant with Financial Reporting Standards. We build on the COFRIS accounting ontology (grounded in UFO-S) and the blockchain ontology developed by De Kruijff & Weigand that distinguishes between a Datalogical level, an Infological and an Essential (conceptual) level. It is shown how consensual and agent-specific parts of the business exchange transaction can be represented in a concise way, and how this pattern can be implemented using Smart Contracts.",
author = "Hans Weigand and Ivar Blums and {de Kruijff}, Joost",
year = "2018",
month = jun,
language = "English",
isbn = "9783319915623",
volume = "10816",
series = "Lecture Notes in Computer Science",
publisher = "Springer Verlag",
pages = "342--356",
editor = "john krogstie and hajo reijers",
booktitle = "Advanced Information Systems Engineering",
address = "Germany",
note = "30th International Conference on Advanced Information Systems Engineering, CAiSE 2018 ; Conference date: 11-06-2018 Through 15-06-2018",
}