Asset

Every artifact, specific tangible value, on blockchain within the CoreLedger TEOS platform is referred to a "Digital asset" or simply "Asset".

Assets can be measurable if there is a need to operate with the units of the asset, for example, steel, man-hours or currencies.

Some assets are not supposed to have any quantity, for example, an audit report or a document notarized on blockchain does not need quantity, then it needs only a unique digital id - the unique asset id in TEOS platform.

Asset can be described in a very detailed way by filling its properties in TEOS platform with the help of TEOS API. These properties are categorized and placed within their categories (or sections) when forming a JSON structure to be saved in TEOS API. There are general and custom properties.

TEOS user can link assets and unlink them, change asset with the help of amendments written to blockchain, exchange them with the help of supplies. All of these operations are possible after asset is created and written to blockchain.

Creating asset

General properties

{
  "Author": "0xabe9e6c2b231ae427cd089b2b68be0a1dab565a1",
  "Name": "Gold",
  "Description": "1oz Gold bars",
  "LanguageCode": "en",
  "JurisdictionCode": "CH",
  "UnitOfMeasureCode": "kg",
  "CurrencyCode": "",
  "SparkFactor": "1000000",
  "SparkFactorModifier": "{\"type\":\"FORMULA\",\"start\":\"2021-08-12T14:01:52Z\",\"t\":\"1d\",\"f\":\"1\"}",
  "AssetClassCode": "A017",
}

All of these properties must have a value. Some of them (Author, Name, Description, LanguageCode, JurisdictionCode) are mandatory and has to be filled in, others are optional and filled in with a default values when left empty. General properties are placed in the section called "General"

Default values for properties if not provided:

• UnitOfMeasureCode: "token"

• SparkFactor: "1"

• SparkFactorModifier: {"type":"FORMULA","start":"{current-datetime}","t":"1d","f":"1"}

• AssetClassCode: "A017"

CurrencyCode definition rules

In case asset is created with AssetClassCode = "A013", CurrencyCode is mandatory and UnitOfMeasureCode must be left blank

In case asset is created with any other AssetClassCode, CurrencyCode can't be set

Asset Classes

ID	(en)
A013	Cash and Cash equivalent
A103	Commodity
A104	Intangible assets
A022	Financial products
A031	Services
A041	Real estate
A016	Other assets
A017	Document

Custom properties

{
    "Key": "apitutorial",
    "Name": "API Tutorial",
    "Type": "TEXT",
    "Value": "My Private documentation: lorem ipsum",
    "SectionsPath": "[documentation][manuals]",
    "SectionsPathNames": "[Documentation][Manuals]"
}

Default values for optional properties (the rest are mandatory):

• Type: "STRING"

• SectionsPath: "[General]"

• SectionsPathNames: "[GENERAL]"

SectionsPath define the path through the sections where the property (in TEOS API it is called "Custom definition item") is placed within the JSON document. For the example mentioned above, the property "apitutorial" is placed in a section "manuals", which in turn is placed in the section "documentation". SectionsPathNames define labels for the sections.

Possible types of properties: [ STRING, DECIMAL, BOOLEAN, NUMBER, VALUERANGE, DATE, DATETIME, ASSETCLASS, COUNTRY, CURRENCY, LANGUAGE, UNITOFMEASURE, TIME, TEXT, ADDRESS ]

After asset is created

After asset is created in the TEOS Platform and finally in the blockchain, it gets the list of additional technical properties which help to deal with this asset.

Id	string example: 0x5db616f7e9aaa6fce9b0001 The UniqueAssetId of the asset
Author*	string example: 0xabe9e6c2b231ae427cd089b2b68be0a1dab565a1 Hex Address of the asset issuer
Name*	string minLength: 1 example: Gold Name of the asset.
Description*	string minLength: 1 example: 1oz Gold bars Description of the asset.
LanguageCode*	string maxLength: 2 minLength: 1 example: en The default language code of the asset (ISO 2).
JurisdictionCode*	string maxLength: 5 minLength: 1 example: CH The jurisdiction country code (ISO 2).
UnitOfMeasureCode	string nullable: true example: kg The asset's unit of measure code.
CurrencyCode	string maxLength: 3 nullable: true Currency code in ISO 4217 format
SparkFactor	string nullable: true example: 1000000 Defines how many Sparks equal 1 unit of measure.
SparkFactorModifier	string nullable: true example: {"type":"FORMULA","start":"2021-08-12T14:01:52Z","t":"1d","f":"1"} Defines Sparks Factor formula.
AssetClassCode	string nullable: true example: "A017" - Document Defines the class of asset.
CustomDefinitionItems	List of provided custom properties
AssetLinkIds	List of the links to other assets
CreatedInBlockchainOn	string($date-time) nullable: true example: 2021-05-18T15:23:12.5246259+02:00 The timestamp of the block, in which the asset was activated. null, if the asset is not yet created in blockchain
AmendedInBlockchainOn	string($date-time) nullable: true example: 2021-05-18T15:23:12.5246259+02:00 The timestamp of the block of the last amendment of the asset. null, if the asset was never amended
BlockchainHash	string nullable: true example: 0x263865a752660b9dd6b9377df57466d1348661aa9a49d5dde8e9d16dddddf69b Hash of the asset documentation, stored in blockchain
DocumentDbHash	string nullable: true example: 263865a752660b9dd6b9377df57466d1348661aa9a49d5dde8e9d16dddddf69b Hash of the asset documentation, stored in TEOS
TransactionId	string($uuid) example: C0D34D73-6FD3-40F2-A7E1-08D9412448F7 The id of the transaction where the asset was written to blockchain
Translations	[ nullable: true Translations navigation property { LanguageCode* string maxLength: 2 minLength: 1 example: en language code of the asset translation (ISO 2). Name string nullable: true example: Gold Name of the asset. Description string nullable: true example: 1oz Gold bars Translated asset description CustomDefinitionItems list of definition items in the specific language }]

Asset ids

• AssetId and LedgerId - assetId is unique within Blockchain network, combination of assetId and ledgerId is unique through all environments and Blockchain networks

• UniqueAssetId - unique asset id through all environments and Blockchain networks, we strongly recommend to use this id

Asset translation

When asset is retrieved, it comes with asset default language in the root of the asset object. Default language is defined by TEOS user when the asset is created. In order to get the list of all available translations to all available languages which were added for the asset, section "Translations" must be retrieved. Check its description in the asset model above. Following asset data can be translated to other languages:

• name

• description

• all custom properties (section CustomDefinitionItems), for some property types both values and property names can be translated, for some only property names