Project Glossary Token

Project Glossary – Token A token represents a tradable asset or utility that resides on its own blockchain and allows the holder to use it for investment or economic purposes. Source: Basel Institute on Governance

Project Glossary mining

Project Glossary – Mining Mining is the process by which networks of specialized computers generate and release new Bitcoin and verify new transactions Source: coinbase

Project Glossary chain-hopping

Project Glossary – Chain-hopping Chain-hopping is the process of converting cryptocurrency into another cryptocurrency or vice versa via crypto-to-crypto virtual currency exchanges Source: RUSI: From Money Mules to Chain-Hopping

Project Glossary – fintech

Project Glossary – Fintech FinTech is any financial technology that is used to invent new financial instruments and/or to improve and automate the delivery and use of financial services. Source: The basics of Bitcoins and Blockchains, Investopedia

Project Glossary – Blockchain

Project Glossary – Blockchain Blockchains are replicated databases that act as the ultimate books and records (i.e., the ‘golden source’) that represents the universal understanding of the current status of all units of the digital asset. Source: The basics of Bitcoins and Blockchains

Project Glossary – Cryptocurrency

Project Glossary – Cryptocurrency A cryptocurrency is a digital or virtual currency that is secured by cryptography, which makes it nearly impossible to counterfeit or double-spend. Many cryptocurrencies are decentralized networks based on blockchain technology—a distributed ledger enforced by a disparate network of computers. A defining feature of cryptocurrencies is that they are generally …

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