It is called the Real Estate Transaction Standard (RETS).
WTDP is designed to be compliant with a representative WS transaction standard, the Web Services Transactions specifications, for easy integration into existing WS transaction systems.
This evolution should allow developers to tune the transaction service depending on the transaction standard or the application requirements either at design time or at runtime.
The evolution of existing transaction services is limited because they are tightly coupled to a given transaction standard, implement a dedicated commit protocol, and support a fixed kind of applicative participants.
It's the de facto transaction standard, so much so that e-commerce companies only flourished because of the quirky cash-on-delivery model, where the money is handed over only when the item arrives at your doorstep.
For instance, domestic economic institutions, such as banks, may at times confront international pressures to comport with new kinds of financial transactions, accounting standards, and technologies, in turn motivating bankers to reform their outdated banking procedures in order to comply with international expectations and standards (ibid).
Here, regulators play an important oversight role, by setting the rules for capital relief transactions and by determining whether specific transactions meet appropriate standards.
In deal-making circles, a small discount for uncertainty until a transaction closes is standard.
To me, the Gullah matrons and Hirokawa-san are kindred spirits, shunning a standard transaction -- a photograph of the artist in the first place, money for the artist in the second -- and allowing egress to neither flash photography nor Budweiser.
