A Learning Record Store (LRS) is a place to store learning records.
It is a new method to store learning information and using Experience API (xAPI) also known as Tin Can API. As Experience API enabled activities generate statements they’re sent to an LRS. The LRS is simply a repository for learning records and can be accessed by an LMS, a reporting tool or any application based on learning data. An LRS can live inside an LMS, can stand on its own, or provide additional value added services apart from storing records.
There are few companies who have already released their LRS’s to public and low or no cost.