What Is 3D Secure?
3D Secure is an online payment security scheme that involves security checks across three parties/domains: The merchant and their bank (Acquirer domain) The cardholder's bank (Issuer domain) The card network (e.g., Visa, Mastercard) (Interoperabilit...
What Is Open Finance?
Open banking—or more broadly, open finance—allows financial institutions, through permissions from their customers, to share both financial and non-financial information about these customers with other institutions. For example, a person trying to get an estimated premium on an insura...
What Is A Soft Fork In The Blockchain World?
A blockchain is made up of interconnected blocks, each block stores transactional information. If we liken this to a book where we write out every financial transaction our business engages in, then the book would be known as the blockchain, and the individual pages would be the blocks....
What Is A Mainnet?
To a developer, I would liken the mainnet (main network) to the main branch of a Git version-controlled project, where the main branch represents code that is deployed to production. In blockchain terms, this is the primary network or blockchain where real transactions are tracked. ...
What Does Maximum Coin Supply Mean?
Maximum coin supply in cryptocurrency terms refers to the total number of coins of a particular cryptocurrency project that will ever exist. For some projects, this limit is hard-coded into their infrastructure. For example, for Bitcoin, it is set at 21,000,000 BTC. For Ethereum, th...