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Glossary Crypto & Web3

Tokenisation

Issuing a blockchain token that represents a claim on something off-chain, such as a bond, a fund share or property. The legal enforceability of that claim matters far more than the technology.

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Bitcoin

The first widely used cryptocurrency, launched in 2009. Its supply is capped by its own software…

Liquidity

How easily an asset can be bought or sold without moving its price. Thin liquidity is…

Proof of stake

A method of securing a blockchain in which validators lock up coins as collateral instead of…

Conflict of interest

A personal or financial stake that could reasonably be seen to compromise coverage. The usual remedies…

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