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@@ -1 +1,45 @@
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-# dsp-blockchain
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+# dsp-blockchain
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+This is a small description of how the chain works and how data is being formatted.
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+## Data formats
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+
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+### Transaction stored in chain
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+```json
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+{
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+ "sender": "public key sender",
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+ "receiver": "public key receiver",
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+ "id": "transaction id",
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+ "timestamp": "unix timestamp of transaction creation",
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+ "data": "encrypted string of contract"
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+}
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+```
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+
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+### Contract / Transaction data
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+```json
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+{
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+ "id": "contract id",
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+ "state": "state of the contract e.g. ACCEPTED|REJECTED etc",
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+ "title": "title of contract",
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+ "description": "description of contract",
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+ "deadline": "unix timestamp of contract deadline",
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+ "price": "price of contract",
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+ "initiator": "public key of address that created the contract",
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+ "worker": "public key of address that fulfills the contract",
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+ "initial_block": "block number contract created in",
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+ "modified_by": "public key of party last modified data",
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+ "last_comment": "comment regarding modification",
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+ "terms": [{
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+ "see": "Term data"
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+ }]
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+}
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+```
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+
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+### Term data
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+Terms are part of a contract.
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+```json
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+{
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+ "id": "id of the term",
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+ "title": "title of the term",
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+ "description": "description of the term",
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+ "deadline": "unix timestamp of term deadline"
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+}
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+```
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