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Term

Status

Definition

Application

Centralized web and/or mobile software (front-end and/or back-end); may also include APIs.

BLOCK

A block contains one or more transactions.
Blockchain

A block contains an ordered set of transactions. It is cryptographically linked to the preceding block, and in turn it is linked to be subsequent blocks. The first block in such a chain of blocks is called the genesis block. Blocks are created by the ordering service, and then validated and committed by peers.

DApp

Decentralized application - Whole or part of logic on a decentralized network; built on a peer-to-peer network like a blockchain; May have their own blockchain.

Initiatives

Groups of stakeholders collaborating to educate, develop pilots, & set policy.

Blockchain Platform

A decentralized, distributed, immutable ledger.

Project

Implementation of an Application, DApp, or Intermediary System.

Intermediary System

Standard or specification for data and procedure that may include libraries, protocols, applications; is not a blockchain in and of itself.

Private Consortium

Organization members collaborating to set standards, governance, development, and hosting of a private blockchain and its related applications.

Public Permissioned Consortium


Organization members collaborating to set standards, governance, development, and hosting of a public permissioned blockchain and its related applications.

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