Smart Contract

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.

Programmable Money

Digital currency embedded with executable logic that can enforce spending conditions, automate payments, and integrate with smart contracts for conditional financial operations.

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.

A decentralised exchange protocol that uses algorithmic pricing instead of traditional order books.

A digital system for recording, sharing, and synchronising data across multiple sites without a central administrator.

The process of using computational power to validate transactions and add new blocks to a proof-of-work blockchain.

A hash-based data structure that efficiently verifies the integrity and consistency of large sets of data.

Software or hardware that stores cryptographic keys and enables users to manage their blockchain assets.

A Layer 2 scaling solution that executes transactions off-chain and posts compressed transaction data to the main chain.

Networks that use blockchain token incentives to coordinate the deployment and operation of physical infrastructure such as wireless networks, energy grids, and compute resources.

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