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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. | |
Chain | The ledger’s chain is a transaction log structured as hash-linked blocks of transactions. Peers receive blocks of transactions from the ordering service, mark the block’s transactions as valid or invalid based on endorsement policies and concurrency violations, and append the block to the hash chain on the peer’s file system. | |
Chaincode | ||
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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