Insights on Crypto Payments, Infrastructure, and Operations

Glossary terms starting with H

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Hard Fork

A hard fork changes blockchain consensus rules in a way that older unupgraded nodes cannot fully validate as compatible with the new…

Hardware Security Key

A hardware security key is a physical authenticator that stores or uses cryptographic credentials to prove possession during login, transaction approval, or…

Hardware Token

A hardware token is a physical security device used to generate, store, or prove authentication credentials, one-time codes, cryptographic keys, or transaction…

Hardware Wallet

A hardware wallet is a dedicated device that protects private keys and signs transactions while keeping key material isolated from general-purpose computers.…

Hardware Wallet Interface (HWI)

Hardware Wallet Interface is Bitcoin Core-related software that provides a standardized way for applications to communicate with supported hardware wallets. Reliable use…

Hash

A hash is a fixed-length or bounded-size output produced by applying a hash function to input data. In blockchain systems, hashes identify…

Hash Digest

A hash digest is the output value produced by a hash function for a particular message or data object. It is often…

Hash Function

A hash function maps input data of arbitrary or variable length to a fixed-length or bounded output called a hash digest. Cryptographic…

Hash-Based Payment Matching

Hash-Based Payment Matching is a matching method that uses a blockchain transaction hash as a principal key for associating an on-chain transfer…

Hashed Timelock Contract (HTLC)

A hashed timelock contract is a conditional payment mechanism that releases funds when a recipient reveals a secret value matching a known…

Healthcare Crypto Payment

Healthcare Crypto Payment is a cryptocurrency payment for healthcare services, medical products, insurance-related obligations, or health-sector business transactions where accepted. Sensitive data,…

Hedera Token Service (HTS)

Hedera Token Service is a protocol-level framework for creating and managing fungible and non-fungible tokens directly through Hedera network services. Issuers configure…

Herstatt Risk

Herstatt risk is foreign-exchange settlement exposure where one party pays its currency but the counterparty fails before delivering the other currency. Herstatt…

Hexadecimal

Hexadecimal is a base-16 notation that represents binary data with the characters 0 through 9 and A through F. Each hexadecimal character…

High-Risk Address

A high-risk address is a blockchain address associated with indicators suggesting elevated sanctions, fraud, theft, laundering, or illicit-finance exposure. A score for…

High-Risk Crypto Payment

A high-risk crypto payment is a transaction that exceeds defined risk thresholds or presents indicators requiring enhanced controls. The designation may result…

High-Risk Customer

High-Risk Customer is a measurable uncertainty or exposure that presents elevated exposure based on identity, ownership, geography, products, behavior, transactions, or other…

High-Risk Jurisdiction

A high-risk jurisdiction is a country or territory assessed as presenting elevated financial-crime, sanctions, corruption, conflict, regulatory, or operational exposure. High-Risk Jurisdiction…

High-Risk Merchant

High-Risk Merchant is a measurable uncertainty or exposure that operates in circumstances associated with elevated fraud, disputes, regulatory, sanctions, fulfillment, reputation, or…

High-Risk Transaction

High-Risk Transaction is a measurable uncertainty or exposure that has characteristics indicating elevated fraud, sanctions, laundering, security, settlement, or operational exposure requiring…

High-Value Confirmation Policy

High-Value Confirmation Policy is a rule requiring stronger confirmation, review, or finality conditions for crypto payments above a defined value or risk…

High-Value Payment

A high-value payment is a payment considered large under a scheme, institution, business, or risk policy. The threshold depends on currency and…