A consortium blockchain is a type of blockchain that is privately owned and operated. It allows a group of organizations to share information that is not easily accessible to the public. The consortium relies on the blockchain’s immutable and transparent properties to ensure the security and integrity of the shared information. Unlike public blockchains, which are open to anyone, consortium blockchains are restricted to a select group of participants. This allows for greater control and privacy over the shared data. Consortium blockchains are commonly used in industries where multiple organizations need to collaborate and share sensitive information, such as finance, supply chain management, and healthcare.
Monthly Archives: November 2023
A Consumer Price Index (CPI) is an index that tracks the prices of a basket of goods and services to provide insights into different market segments.
In the realm of traditional finance, a contract serves as a legally binding agreement between two parties. However, in the world of cryptocurrencies, smart contracts play a crucial role by carrying out various functions on the blockchain.
A contract account refers to an account that holds a cryptocurrency balance and is linked to a specific code.
A Contract for Difference (CFD) is a document that specifies the buyer’s responsibility to cover any price discrepancy resulting from the fluctuating value of an asset.
In the realm of blockchain technology, a coordinator serves as a specialized client that enables nodes to authenticate the accuracy of their version of the ledger in relation to particular transactions.
A Core Wallet is capable of storing the complete blockchain, as opposed to only a portion of it.
A financial instrument that obtains its value from the value of an underlying asset is known as a derivative.
Corporate Treasury is established with the purpose of overseeing and regulating a company’s liquidity, risk, funds, capital reserves, and other assets in accordance with its short and long-term objectives.
A correction refers to a decline in the price of an asset by a minimum of 10% in order to rectify an overvaluation.