Providing asset-based logging by setting a flag for an identified asset and a transaction includes generating a first detailed log for logging activity related to the identified asset and the transaction by a first application implemented on a first node. A transaction identifier, the flag, and any of the identified asset, information generated by the first application implemented on the first node, information provided to the first application implemented on the first node and a representation of the identified asset is passed to at least one downstream application implemented on at least one second node. Detailed logs generated by the at least one downstream application are correlated with the first detailed log.