Token Binding is a security technology that helps to prevent certain types of attacks on web sessions. It works by linking a security token, such as a session cookie or authentication token, to a specific secure connection made by a user’s browser. This means that even if someone tries to steal a token, it cannot…
Crypto collaterals are digital assets, such as cryptocurrencies or tokens, that are pledged as security for a loan or other financial commitment. If the borrower cannot repay the loan, the collateral can be taken by the lender to cover losses. This system is common in decentralised finance (DeFi), where smart contracts automatically manage and enforce…
Algorithmic stablecoins are digital currencies designed to maintain a stable value, usually pegged to a currency like the US dollar, by automatically adjusting their supply using computer programmes. Instead of being backed by reserves of cash or assets, these coins use algorithms and smart contracts to increase or decrease the number of coins in circulation….
Stablecoin pegging mechanisms are methods used to ensure that a stablecoin keeps its value close to a specific asset, such as a fiat currency like the US dollar or the euro. These mechanisms may involve holding reserves of the asset, using algorithms to control supply, or backing the coin with other cryptocurrencies. The main goal…
Wrapped asset custody refers to the secure holding and management of wrapped assets, which are digital tokens that represent another asset on a different blockchain. Custodians ensure that each wrapped token is backed one-to-one by the original asset, maintaining trust in the system. This involves specialised processes to safely store, audit, and release the underlying…
The Interledger Protocol (ILP) is an open protocol designed to enable payments and value transfers across different payment networks and ledgers. It acts as a bridge between various financial systems, allowing them to communicate and exchange money, much like how the internet enables communication between different computer networks. ILP does not require all participants to…
Atomicity in cross-chain swaps means that two people can exchange digital assets between different blockchains in a way that ensures either both sides of the swap happen or nothing happens at all. This prevents one party from losing their assets without receiving anything in return. Atomicity is crucial for trustless trading, as it removes the…
Token swaps are transactions where one digital token is exchanged for another, usually on a blockchain network. This process can happen directly between users or through automated platforms called decentralised exchanges. Token swaps make it easy for people to trade different cryptocurrencies without the need for a central authority or traditional currency exchange.
DID Resolution is the process of taking a Decentralised Identifier (DID) and finding the information connected to it, such as public keys or service endpoints. This allows systems to verify identities and interact with the correct services. The process is essential for securely connecting digital identities with their associated data in a decentralised way.
Self-Sovereign Identity (SSI) is a way for people to control and manage their own digital identities, rather than relying on companies or governments to do it for them. With SSI, you store your identity information yourself and decide who can see or use it. This helps protect your privacy and gives you more control over…