Receiptsare

Receiptsare is a term used to describe a framework for managing and validating digital transaction receipts in commerce. The term is not widely standardized and may refer to various interpretations, including a data schema, a process, or a service intended to improve receipt interoperability and verifiability.

Core principles commonly associated with receiptsare include standardized receipt schemas, cryptographic verification, and tamper‑evident storage. A receiptsare record typically includes fields such as receipt_id, date, merchant, items or line items, total amount, currency, tax, payment method, and an optional customer identifier, all linked to a cryptographic signature or hash to prove integrity.

Implementation approaches range from blockchain‑based registries to centralized databases with digital signatures, to hybrid systems that store sensitive data off chain while publishing proofs on a ledger. Use cases include audit trails for tax compliance, expense reporting, consumer transparency, fraud reduction, and supply chain verification.

Status and governance: Receiptsare is not a universally adopted standard. It appears mainly in industry discussions, pilot programs, and speculative literature rather than as a single formal specification. Definitions and requirements vary by organization, and multiple variants may coexist. See also related concepts such as receipts, digital signatures, blockchain-based audit trails, and data interoperability.