Skip to main content

Introduction

Glossary

TermDefinition
ADGMAbu Dhabi Global Market is an international financial center and free zone located on Al Maryah Island in the United Arab Emirates's capital, Abu Dhabi.
BlockchainBlockchain is a decentralized, distributed ledger technology that records transactions across multiple computers. It ensures data integrity and security through cryptographic algorithms, making it ideal for tracking ownership and transfers of tokenized assets.
Blockchain addressA unique identifier used to send and receive digital tokens. It is derived from the public key and acts similarly to a bank account number in traditional finance.
DecentralizationThe distribution of authority, control, and data across a network of computers, rather than being centralized in a single entity. This enhances security and reduces the risk of a single point of failure.
Decentralized Finance (DeFi)Decentralized Finance refers to financial services that operate on blockchain networks using smart contracts, removing the need for traditional financial intermediaries like banks. DeFi enables a range of services including lending, borrowing, and trading of tokenized assets.
KYCA process used by financial institutions and other regulated companies to verify the identity of their clients. KYC procedures involve collecting and verifying information such as a person's name, address, and identification documents to prevent fraud, money laundering, and other illegal activities.
OEIC (Open-Ended Investment Company)OEIC is a term denoting a regulated fund vehicle designed for pooling investors' assets to make investments. It represents a collective investment vehicle, offering a structured and regulated approach for managing investor funds.
Private KeyA secret alphanumeric code used to sign transactions and access a digital wallet. The private key must be kept secure, as anyone with access to it can control the associated assets.
Real-World Asset (RWA)Real-World Assets refers to tangible, physical assets such as stocks, bonds, or real estate that are tokenized and represented on a blockchain. Tokenizing RWAs enables fractional ownership, making these assets more accessible and liquid for a broader range of investors.
Smart ContractA smart contract is a self-executing contract with the terms of the agreement directly written into the code. It automatically enforces and executes the terms of a contract when predefined conditions are met, ensuring trust and transparency in transactions.
StakingThe process of locking up a certain amount of cryptocurrency in a wallet. In return, participants may earn rewards in the form of additional cryptocurrency.
TokenA digital representation of an asset or utility that is recorded on a blockchain. Tokens can represent various assets, including cryptocurrencies, real-world assets, or access rights.
TokenizationTokenization is the process of converting rights over a traditional asset into a digital token on a blockchain. Each token represents a specific portion of the asset and can be traded, transferred, or managed through digital means.
U.S. Treasury Bill (T-Bills)A short-term debt obligation backed by the U.S. Treasury with a maturity of less than one year. T-Bills are considered a safe and secure investment with low risk of default.
WalletA wallet is a software application that allows users to view, store, manage, and transfer their digital tokens. Wallets can be custodial or non-custodial, providing varying levels of control and security over the assets.