Decentralization consists in the absence of control by one single person or entity. In a fully decentralized organization, the control will be equally shared by all the members. On the contrary, if the organization is centralized, the control will be held by one single figure.« Back to Glossary Index
The money laundering consists in hiding benefits from illegal activities so they seem to come from legal sources. It is normally related to other severe crimes such us drug traffic or extorsion. The AML regulation of each country is the legal frame to control this kind of activities.
The ERC-1155 is a standard for creating tokens on the Ethereum blockchain that combines features of both ERC-20 and ERC-721. Tokens created with this standard enable the transfer of both fungible and non-fungible tokens in a single transaction. This unique feature makes ERC-1155 tokens more versatile and efficient compared to their predecessors, as it allows […]
The traceability is the set of procedures to track the path of any object. In the cryptocurrencies environment, the traceability allows to track any transaction through its blockchain to its origin. This is a very important property because it gives coherence to the network. If a exchange would not have traceability, it would be impossible […]