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Glossary Technology & AI

Hallucination

When an AI model states something false with the same confidence as something true. It is a property of how these models work, not a bug that has been fixed.

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Circuit breaker

An automatic pause in trading triggered by a sharp move. The aim is to let information…

Tokenisation

Issuing a blockchain token that represents a claim on something off-chain, such as a bond, a…

Coalition government

A government formed by two or more parties because no single party holds a majority. Policy…

Data breach

An incident in which personal or confidential data is accessed without authorisation. Most jurisdictions require disclosure…

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