A Record Keeping System, in the blockchain domain, is an immutable, append-only ledger in which transactions or state changes are cryptographically hashed, linked via Merkle trees, and validated by a consensus mechanism to provide a tamper-evident audit trail. It replaces or augments traditional centralised databases in applications requiring transparent provenance, non-repudiation, and multi-party data integrity—including asset registries, supply-chain tracking, and compliance logging.
Semantic Classification
Content
Overview
Record Keeping System represents an abstract concept in the blockchain ontology hierarchy.