In the FlexUp economic model, a Transaction is any operation that involves a transfer of value — money, commitments, products — between two accounts. All Transactions are recorded in the FlexUp system.

These two Accounts are referred to as the Parties to the Transaction.

Types of Transactions: here are some operations that are transactions

• Payments
• Commitments
• Contracts
• Orders
• Deliveries
• Commitment Transfers