Glossary

Artificial Intelligence (A.I.)

Creating computer systems capable of human-like tasks, such as learning, problem-solving, and understanding language, aiming to mimic cognitive functions.

Blockchain

A decentralized ledger recording transactions transparently.

Cloud Computing

Getting computing services (storage, processing) over the internet for flexibility and cost-effectiveness.

Decentralized Application (DApp)

An app running on a decentralized network (blockchain). It uses smart contracts for secure operations.

Directed Acyclic Graph (DAG)

A data structure without loops. In blockchains, it's an alternative to the traditional chain structure.

Fog Computing

A decentralized computing setup extending cloud capabilities to the network's edge, closer to data sources.

Hybrid Cryptocurrency/Crypto-Token System

A mix of cryptocurrencies and tokens for fast transactions.

Initial Token Offering (ITO)

A way to fundraise for new crypto projects. It involves offering a percentage of tokens in exchange for currencies.

Machine Learning (M.L.)

A subset of A.I. focused on developing algorithms that enable computers to learn from data, improving their performance over time without explicit programming.

Proof of Work (PoW)

A way to secure blockchains where participants solve problems to add new transactions.

Smart Contracts

Self-executing contracts written in code. They run automatically when specific conditions are met.

Zero Knowledge (ZK) Encryption

A method that allows one party (the prover) to prove to another party (the verifier) that they possess a certain piece of information or knowledge without revealing the actual content of that information.