Glossary of Terms:

Defining key concepts within Urban Array's ecosystem.

Asset Tokenization

Transforming physical or digital assets into blockchain-based tokens.

Blockchain Governance

Rules and mechanisms controlling a blockchain network's operations.

Blockchain Scalability

Enhancing a blockchain's capacity to handle large volumes of transactions.

Consensus Algorithm

Protocol ensuring all participants in a network agree on a single data value.

Cryptocurrency Exchange

Platform for buying, selling, or trading cryptocurrencies and tokens.

Decentralized Applications (dApps)

Software applications that operate on a distributed blockchain network.

Distributed Ledger Technology (DLT)

Digital system for recording asset transactions across multiple locations simultaneously.

Economic Abstraction

Using various tokens for transaction fees instead of the blockchain's native currency.

Ethereum

A blockchain platform known for its smart contract functionality.

Fiat Gateway

Service facilitating the exchange of fiat currency and cryptocurrencies.

Fungibility

Characteristic of a token that ensures interchangeability with others of the same type.

Gas Fees

Payments made to compensate for the computational energy used in processing blockchain transactions.

Governance Token

A token that provides holders with decision-making power in a blockchain project.

Hard Fork

A significant change to a blockchain protocol that makes previous transactions invalid or vice versa.

Hash Rate

Measure of computational power in cryptocurrency mining.

Impact Investing

Investing with the goal of generating social or environmental impact alongside financial return.

Initial Coin Offering (ICO)

Fundraising method where new tokens are sold to finance project development.

Interoperability

Ability of different blockchain networks to exchange and use information.

Jurisdictional Compliance

Adherence to legal and regulatory standards in blockchain operations.

Key Management

Handling cryptographic keys that secure blockchain transactions.

Know Your Customer (KYC)

Process of verifying the identity of clients to prevent illicit activities.

Leveraged Trading

Trading with borrowed funds to potentially increase gains in cryptocurrency markets.

Liquidity Pools

Reserves of cryptocurrencies or tokens that facilitate trading and lending.

Market Capitalization

Total market value of a cryptocurrency or token's circulating supply.

Mining Difficulty

Indicator of the effort required to find new blocks in cryptocurrency mining.

Node

A computer that connects to a blockchain network and supports its operations.

Non-Fungible Token (NFT)

A unique digital asset representing ownership of a specific item or content.

On-chain Governance

A governance system where decisions are made and enforced through the blockchain.

Oracles

External services providing data to blockchain networks or smart contracts.

Participatory Budgeting

Involving community members in decision-making on budget allocations.

Private Key

A secret alphanumeric code that gives access to cryptocurrencies or tokens.

Proof of Stake (PoS)

A consensus mechanism in which block validation is based on the validator's coin holding.

Quantitative Trading

Algorithm-based trading strategies used in financial and crypto markets.

Quantitative Impact Analysis

Using data to measure the social or environmental effects of investments.

Renewable Energy Certificates (RECs)

Proofs that energy was generated from renewable sources, tradeable as assets.

Resource Tokenization

Creating digital tokens representing real-world resource usage or entitlements.

Risk Management

Identifying and mitigating potential risks in investment or project management.

Smart Contracts

Programmable contracts that execute automatically under predefined conditions.

Stablecoin

A cryptocurrency designed to minimize price volatility.

Technology Incubator

Programs supporting the development of startups, often in the tech and blockchain sectors.

Token Burning

Removing tokens from circulation to reduce supply and potentially increase value.

Token Swap

Exchanging one type of cryptocurrency or token for another.

Tokenomics

The study of the economic principles and models governing token creation, distribution, and utility.

Uniswap

A decentralized exchange protocol facilitating automated token trading on Ethereum.

Utility Token

Tokens that provide access to a product or service within a blockchain ecosystem.

Validation Node

A network participant responsible for verifying transactions and blocks.

Venture Capital

Funding for startups and small businesses with high growth potential, often in the tech and blockchain sectors.

Wallet Address

A unique identifier that represents a destination for a blockchain transaction.

Wrapped Tokens

Tokens representing assets from another blockchain, enabling their use on that blockchain.

Yield Farming

Strategy for earning rewards with cryptocurrency holdings by leveraging different DeFi protocols.

Yield Optimization

Maximizing returns on investments in the decentralized finance (DeFi) space.

Zero-Knowledge Proofs

Cryptography methods allowing one party to prove the truth of a statement without revealing the statement itself.

Zk-SNARKs

Zero-Knowledge Succinct Non-Interactive Argument of Knowledge, a form of proof in blockchain for privacy and scalability.