It’s time for another progress report for the hREA MMR! For the period of June 1 - June 14 the team worked on the following:

The team conducted spikes to find approaches to index time ordered data in Holochain’s distributed data storage model. To do this, we are starting implementation on the solution to be able to fetch all the hREA data records in bulk (in technical terms Read All Endpoints), which will be useful for each and every Economic Module.

Agent is a necessary Module in REA accounting (Resource-Event-Agent). Agent is a person or group or organization with economic agency and demonstrates the “who” involved in an economic Event. This work area, one of the 3 primary ones, is a new feature being constructed mostly from scratch.

The Agent Module has two components:

For this reporting period the team has worked on building out the API and Backend for the Agent Module’s first component (Agent Type), and is dealing with open-ended questions on how Holochain deals with notions of agency, identity, and permission. Since Valueflows ontology does not provide instructions around permissions, the team has to come up with decisions around permissioning for the first MMR.

This was a necessary pre-step towards stability and performance improvements for peer-to-peer connections and execution times (time it takes for a request to complete) for hREA. The Holochain update areas for hREA included Tryorama, the Holochain websocket client library, and hdk.

That’s it for now. Stay tuned for more hREA updates!