Insights on Crypto Payments, Infrastructure, and Operations

Glossary terms starting with B

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Blockchain Node

A blockchain node is a computer running protocol software to exchange, verify, store, or serve ledger data within a network. Full, light,…

Blockchain Oracle

A blockchain oracle delivers external or cross-system data to smart contracts through defined sourcing, aggregation, signing, and update mechanisms. Oracle security depends…

Blockchain Payment

A blockchain payment is a transfer of cryptocurrency or token value recorded on a blockchain and used to satisfy a commercial, personal,…

Blockchain Payment Detection

Blockchain payment detection is the process of identifying an on-chain transfer that corresponds to an expected invoice, address, customer, or order. Detection…

Blockchain Payment Gateway

A blockchain payment gateway is a service that connects merchant checkout and business systems with blockchain payment networks by generating payment requests,…

Blockchain Payment Monitoring

Blockchain payment monitoring is the continuous process of tracking a payment from transaction broadcast or first detection through block inclusion, confirmation, finality,…

Blockchain Payment Processor

A blockchain payment processor is a service or software layer that receives cryptocurrency payment requests, generates or assigns payment destinations, monitors the…

Blockchain Payment Verification

Blockchain payment verification is the process of confirming that a specific on-chain transaction satisfies the requirements of a payment request. Verification normally…

Blockchain Payout

A blockchain payout is an outbound payment delivered to a recipient through a blockchain transaction. A business, platform, treasury, or payment provider…

Blockchain Protocol

A blockchain protocol is the formal set of rules that defines how a blockchain represents transactions and state, communicates between nodes, validates…

Blockchain Receipt

A blockchain receipt is a protocol-defined record produced after a transaction is processed, commonly containing execution status, gas usage, logs, and references…

Blockchain Refund

A blockchain refund is a new transaction that returns cryptocurrency to a customer after an earlier payment. It does not reverse or…

Blockchain Screening

Blockchain screening is the process of checking wallet addresses and transactions against sanctions data, risk indicators, service labels, and suspicious activity patterns…

Blockchain SDK

A blockchain SDK, or software development kit, is a collection of libraries, tools, types, examples, and documentation that helps developers build applications…

Blockchain Security

Blockchain security is the protection of consensus, transactions, keys, smart contracts, infrastructure, and users from unauthorized control, fraud, disruption, or data corruption.…

Blockchain Settlement

Blockchain settlement is the process by which a value transfer is recorded, validated, and treated as sufficiently final on a blockchain for…

Blockchain Settlement Network

A blockchain settlement network is the ledger layer recognized as authoritative for finalizing transfers, token ownership, or recorded financial obligations. On-chain finality…

Blockchain Settlement Time

Blockchain settlement time is the period between transaction submission or payment initiation and the point at which the recipient can reasonably treat…

Blockchain State

Blockchain state is the protocol-recognized snapshot of accounts, balances, contracts, ownership records, or unspent outputs at a specific point in the chain.…

Blockchain Status

Blockchain status is a summary of a network or data source’s current operating condition, such as synchronization level, latest observed block, finalized…

Blockchain Synchronization

Blockchain synchronization is the process by which a node or indexer obtains, validates, and applies network data until its local view reaches…

Blockchain Transaction Screening

Blockchain Transaction Screening is the automated or manual evaluation of transfers, addresses, counterparties, and exposure paths against sanctions, illicit-finance, fraud, and internal-policy…

Blockchain Transfer

A blockchain transfer is an on-chain transaction or state change that moves control or recorded value from one address, account, script, or…

Blockchain Wallet

A blockchain wallet is software, hardware, or a service that helps users manage blockchain accounts, addresses, keys, and transactions. A wallet does…