Acceptance network | Word used to refer to the places (stores, hotels, restaurants...) where an end-user can spend his or her assets. |
Asset | It is the representation of a value (currency, loyalty point, giftcoin...) based on the blockchain that can be transferred or exchanges between parties. |
Blockchain | Technology used on the DAM to make the digital records. |
Burn | Word used when an asset is destroyed, it will no longer exist and therefore will never be in circulation anymore. |
DAM Platform | Digital Asset Management Platform. Name of the product. |
End-User | An end user in the back office corresponds to a physical person who can obtain and spend assets. It can use the mobile application to manage his or her assets but cannot connect to the back office interface. |
Issuer | The issuer corresponds to the client (person, company) deploying the DAM platform for its use and the provision of its users. |
KYC | Know Your Customer |
P2P | Peer To Peer |
PSP | Payment Service Provider |
User | A user in the back office corresponds to a physical person who can connect to the back office (administrator, acceptance network and issuer). |
Wallet | Assets owned by the same user are grouped and organized in one or more wallets. |