BUILT ON CLARITY

Digital Asset Glossary

A practical guide to custody, smart contracts, DeFi, APIs, tokenization, collateral and the terms used across XCusty services.

01 / XCUSTY
TermMeaning in this profile
APIA defined software interface through which systems exchange requests and data
Blockchain confirmationEvidence that a transaction is included in the network under its confirmation rules
CollateralAssets committed to support a specified obligation under agreed terms
CustodyThe arrangement governing control and safekeeping of digital assets and access credentials
Deep custodyXCusty's description of a complex custody model with multiple control and approval layers
DeFiDecentralized finance applications that use blockchain-based protocols and contracts
FinalityThe point at which a transaction is treated as settled under a network's rules and the agreed policy
ICOInitial coin offering with a defined token issuance and participation structure
IdempotencyHandling repeated requests without unintentionally repeating the underlying action
MPCMultiparty computation used in supported systems to distribute a signing computation
MultisignatureAn authorization model requiring multiple signatures for an action
ReconciliationComparison of records to identify and resolve differences
RWA tokenizationA digital token representation linked to defined rights relating to a real-world asset
Smart contractCode deployed to a blockchain that executes according to its logic and permissions
Staking poolAn arrangement that combines assets for staking under specified protocol and operator rules
Transfer policyThe conditions and approvals required before a transfer may proceed
WebhookA notification sent by one system to another when a defined event occurs
White labelA configurable product delivered under the client's brand with agreed licensing and support

Technical terms are applied according to the selected architecture. The contract, solution design and operating procedures define their project-specific meaning and responsibilities.

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