Key Concepts & Definition

Asset

An Asset is any tangible or intangible object a user wants to track or trace.

Attribute

An Attribute is a term that describes one of an Asset's features.

Asset Category

An Asset Category is a logical collection of Attributes.

Asset Profile

An Asset Profile is composed of the Attributes from an Asset Category and determines the characteristics of an Asset so that it can be uniquely identified.

Business Entity

A Business Entity represents /placeholder/.

Master Table

Master Table is a logical collection of data in a tabular format that smart logic can look up in real-time.

Business Automation

With the self-serve portal, a variety of participant actions can be automated.

Smart Logic

Smart Logic is an automated way to achieve a business solution by evaluating or calculating two or more business conditions or values.

Business Workflow

Business Workflow enforces a contract between/among the organizations or departments of an organization and defines the path an Asset can take during its lifecycle.

Disputes

If the Participant observes a discrepancy in any Attribute value, the Participant can raise a dispute at any point during the Business Workflow's lifecycle.
Any dispute raised by the Participant will be recorded on the Auditor/self-serve Monitor's portal, where they can resolve it after taking appropriate action.