Transparency

Transparency is a fundamental characteristic of blockchain technology and cryptocurrencies. It refers to the visibility and openness of transactional and operational information on the blockchain. In a transparent system, transaction details, wallet balances, and other data are publicly available and can be verified by anyone. This transparency fosters trust, accountability, and auditability, as participants can […]

More Definitions…

Fiat currency

Fiat currency refers to a government-issued currency that is not backed by a physical commodity like gold or silver. It holds value based on the trust and confidence placed in the issuing government. Examples of fiat currencies include the US dollar, Euro, British...

Inflation

Inflation is the gradual decrease in the purchasing power of a currency over time, resulting in a general rise in the prices of goods and services. Inflation occurs when the supply of money in an economy exceeds the available goods and services. It erodes the value of...

Hyperledger

Hyperledger is an open-source collaborative effort initiated by the Linux Foundation to develop and advance enterprise-grade blockchain solutions. It provides a modular framework and a set of tools for building private, permissioned blockchain networks tailored for...