Programmable Money

Smart Contract

Self-executing programs stored on a blockchain that automatically enforce the terms of an agreement when conditions are met.

Decentralised Autonomous Organisation

An organisation governed by smart contracts and token holder votes rather than centralised management.

Solidity

A programming language designed for writing smart contracts on the Ethereum Virtual Machine.

Ethereum Virtual Machine

The runtime environment for executing smart contracts on the Ethereum blockchain network.

Oracle

A service that provides external real-world data to blockchain smart contracts that cannot access off-chain information directly.

Chainlink

A decentralised oracle network that connects smart contracts with external data sources, APIs, and payment systems.

Account Abstraction

A blockchain architecture improvement that allows smart contracts to act as user accounts, enabling features like social recovery, gas sponsorship, and batched transactions.

Blockchain Oracle

A service that provides smart contracts with verified external data from off-chain sources such as market prices, weather conditions, and real-world events.

Digital Bond

A fixed-income security issued and managed on blockchain infrastructure, automating coupon payments, settlement, and transfer of ownership through smart contracts.

The ability of a distributed system to reach consensus despite some nodes acting maliciously or failing.

The guarantee that all data required to verify blockchain transactions is accessible to network participants, a critical requirement for the security of rollup-based scaling solutions.

A wallet requiring multiple private key signatures to authorise a transaction, enhancing security.

A digital form of fiat currency issued and regulated by a country's central bank on blockchain infrastructure.

A blockchain network open to anyone to participate as a node, validator, or user without requiring approval.

An application that runs on a decentralised peer-to-peer network rather than a single centralised server.

A node in a proof-of-stake blockchain responsible for verifying transactions and proposing new blocks.

The transaction fee paid to blockchain network validators for processing and confirming transactions.