Glossary

Calldata

Calldata is an essential component for passing inputs to smart contract functions, optimising for cost...

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Camunda

Camunda is an open-source business process management (BPM) platform that enables organizations to automate, model,...

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Candidate Block

A candidate block is defined as a block that has been proposed by a participant...

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Candlestick charts

A graphical representation of market prices employed in technical analysis.

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Candlesticks

Candlesticks are a method of displaying an asset's high, low, open, and closing prices in...

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Card Verification Code

A three digit number that can be employed to verify the card.

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Cash Back

Cash Back is a benefit offered by apps, websites, and credit cards to refund a...

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Cash Card

The cash card is a prepaid card with a stipulated amount stored in it. These...

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Cash management

The management of a company's cash flows is commonly referred to as cash flow management.

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Central Bank Digital Currency

CBCD is a digital currency issued by a central bank. Several central banks in different...

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Centralised

A centralised system is the concentration of power and authority under a single entity or...

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Centralised Applications

Centralised Applications are applications generated with traditional technology outside the blockchain stack. In the crypto...

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Centralised Exchange

A centralised exchange (CEX) is a type of cryptocurrency exchange that a company centrally runs...

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Challenger bank

A digital financial institution that challenges traditional banks by offering innovative and flexible services is...

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Chargeback

Chargeback is a dispute raised by a cardholder against a specific transaction. It is a...

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Checkout Financing

Similar to point-of-sale financing, which is defined as installment loans that are available at the...

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Cipher

A cipher is an algorithm employed to encrypt or decrypt information.

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Ciphertext

Ciphertext, or encrypted text, is a term employed in cryptography to describe the encrypted form...

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Circulating Supply

Circulating supply is the amount of a cryptocurrency currently on the market. The number can...

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Close Price

The close price is the price an asset last trades at within a given time...

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Closed Loop Payment System

A system that operates without intermediaries, where the end parties have a direct relationship with...

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Cloud Computing

Cloud computing is storing and accessing data and programs over the internet instead of your...

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Cloud provider

A cloud provider delivers a cloud computing service. This allows companies to host their data...

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Cloud Service Provider

Cloud Service Provider is defined as a company/organization that offers a cloud-based platform, infrastructure, application,...

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Cloudsourcing

Cloudsourcing is the outsourcing of IT services, rather than using inhouse resource. The external provider...

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Coin

A cryptocurrency coin represents a store of value native to a blockchain. All coins are...

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Cold Wallet

A cold wallet is an offline wallet employed to store cryptocurrencies.

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Collaborative economy

A collaborative economy (also known as a sharing economy) is when a group of users...

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Collateral

Collateral is defined as assets pledged in order to obtain a loan. A lender requires...

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Collateralisation

Collateralisation is defined as the practise of using one asset as insurance in order to...

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Collection Value

Collection Value is the aggregated monetary value of all the NFTs in a collection.

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Company governance

A set of rules, processes, and behaviors that guide the management and operation of banking...

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Composability

Composability is combining or linking different decentralised finance (DeFi) protocols and applications.

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Confirmation Bias

Confirmation bias is a form of cognitive bias, where the human mind preferentially looks for...

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Confirmation Time

Confirmation time is defined as the amount of time it takes for a transaction to...

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Consensus

Consensus is how a blockchain achieves agreement in a decentralised peer-to-peer (P2P) network.

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Consensus Algorithm

A process or set of rules which allows distributed nodes to reach agreement on the...

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Consensus Mechanism

A consensus mechanism represents the rules that govern the block verification process on a blockchain.

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Consortium Blockchain

A consortium blockchain is privately owned and managed by a group of corporations, where a...

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Consumer Financing

When a retailer has an option for the customer to finance a product using either...

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Consumer Lending

These loans come from various places, including lending platforms and financial institutions, and provide financing...

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Consumer Loans

Any kind of loan that is made by a creditor to a consumer, such as...

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Consumer to Business

A model where consumers provide a product or service to businesses. This is a rapidly...

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Consumer to Consumer

A model where payments take place between two different consumer accounts for goods or services....

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Contactless payment

The payment system that allows for transactions to be made without physical contact with a...

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Contentful

Contentful is a headless content management system (CMS) that provides a cloud-based platform for managing...

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Conversion Rate

The rate at which an entity or platform is able to turn leads into buyers.

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Corporate Identification Number

Corporate Identification Number (CIN) is a unique 21-digit identification number assigned to companies registered in...

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Credit Bureau

A company that collects, researches, and maintains credit information, and sells that data to lenders,...

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Credit Card

A credit card is provided by banks to enable customers to borrow funds or make...

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