C Archives - iov42

Cryptographic signature

03rd July 2022

A cryptographic process by which plaintext data is processed to produce a unique and unforgeable value that is linked to an identity. It is later possible to verify that this identity produced the signature and attests that the underlying data is true and can be trusted.

Cryptographic authentication

03rd July 2022

The process through which iov42 technology uses Public Key cryptography to verify that any requests are from a valid identity within a zone.

Conventional node architecture

03rd July 2022

Any device that has the connectivity, storage capacity, and processing ability to support a Distributed Ledger Technology network, e.g. laptops, PCs, specialist farms of custom hardware. More nodes within a Distributed Ledger Technology network improve resilience against system-threatening events.

Consensus

03rd July 2022

Consensus is a general agreement among parties. In the context of Distributed Ledger Technology, the consensus mechanism is a robust way for the nodes to reach agreements on the current state of the network.

Claims

03rd July 2022

A claim is a plaintext piece of information added to assets or identities that asserts something true about them. E.g., the claim that an identity has a specific date of birth or an asset has been approved by a regulator for trade.