What Is a Business Transaction?

Business Transaction Protocol (BTP). It is an XML protocol developed by the Commercial Transactions Technical Committee (BT TC) of OASIS (Structured Information Standards Promotion Organization).

Commercial transaction agreement

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Business Transaction Protocol (BTP). It is an XML protocol developed by the Commercial Transactions Technical Committee (BT TC) of OASIS (Structured Information Standards Promotion Organization).

Introduction

BusinessTransactionProtocol (BTP), a business transaction protocol. An XML protocol developed by the Business Transactions Technical Committee (BT TC) of the OASIS (Structured Information Standards Promotion Organization), a kind of XML protocol that manages complex ongoing business-to-business (B2B) transactions between multiple businesses Standardize Internet-based means. This protocol is particularly applicable to the network service environment. The BT TC standard stipulates that this new protocol combines the current commercial communication standards, especially those developed by ebXMLInitiative (the ebXML Initiative is a joint project carried out by UN / CEFACT and OASIS). Object Access Protocol (SOAP), RosettaNet, or ebXML communication.

A major challenge in the development of B2B is how to coordinate the information systems of enterprises so that they can effectively communicate with other enterprises. Usually each enterprise uses different business practices, equipment and technologies. To avoid this problem, we can establish a mechanism that is not related to the existing technology. BTP can independently carry out transmission protocols and communication agencies. Complex XML information exchanges between multiple companies are tracked and manipulated as ongoing loosely connected "conversations". BTP defines the tasks to be performed by an enterprise software agent (known as an actor), the information to be exchanged by these actors, and the responsibilities of the actors in these defined tasks.

According to the technical committee, because BTP is based on a "permissive and minimal" approach, it avoids reliance on other standards and enforcement choice constraints, the BEA system, a well-known e-commerce product manufacturer, submitted in early 2001 A preliminary proposal for going from BTP to OASIS was issued, and the committee published a preliminary draft specification in October 2001. ^[1]