01 / XCUSTY
| Term | Meaning in this profile |
|---|---|
| API | A defined software interface through which systems exchange requests and data |
| Blockchain confirmation | Evidence that a transaction is included in the network under its confirmation rules |
| Collateral | Assets committed to support a specified obligation under agreed terms |
| Custody | The arrangement governing control and safekeeping of digital assets and access credentials |
| Deep custody | XCusty's description of a complex custody model with multiple control and approval layers |
| DeFi | Decentralized finance applications that use blockchain-based protocols and contracts |
| Finality | The point at which a transaction is treated as settled under a network's rules and the agreed policy |
| ICO | Initial coin offering with a defined token issuance and participation structure |
| Idempotency | Handling repeated requests without unintentionally repeating the underlying action |
| MPC | Multiparty computation used in supported systems to distribute a signing computation |
| Multisignature | An authorization model requiring multiple signatures for an action |
| Reconciliation | Comparison of records to identify and resolve differences |
| RWA tokenization | A digital token representation linked to defined rights relating to a real-world asset |
| Smart contract | Code deployed to a blockchain that executes according to its logic and permissions |
| Staking pool | An arrangement that combines assets for staking under specified protocol and operator rules |
| Transfer policy | The conditions and approvals required before a transfer may proceed |
| Webhook | A notification sent by one system to another when a defined event occurs |
| White label | A 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.
