Glossary

Understand what we mean, when we say ...

Terminology and Acronyms

Term	Definition in the context of this documentation
Agent	Any person, organisation, or machine who has control over a self-sovereign digital identifier (DID), to transact in Internet of Impact networks
Alphabond	Novel impact finance tool with risk-adjusted bonding curve used to provide dynamic risk assessment for funding outcome-based social impact projects. Alphabond Docs
Blockchain	Decentralized, immutable transaction record secured by cryptography and consensus mechanisms.
Cell	The base form of any type of organisation, which is represented by a digital identifier (DID); cyber-cellular organisation to coordinate the activities of agents.
Cell Node	An autonomous, decentralised, sovereign data store and software agent which performs actions on behalf of one or more controller agents. Cell Node Config
Claim	Observed state in the world, submitted by an agent.
Credential	Issued to DIDs by Trust Seeds to create stateful trust graph; grants rights, access, or verifies as a trusted entity.
Cosmos	The Internet of Blockchains, formed by networks built on the Cosmos SDK and Tendermint consensus engine, which are interconnected through the Inter-Blockchain Communication (IBC) protocol
Decentralised Identifier	A W3C standard digital identifier
Delegator	Person or entity who delegates tokens for staking and/or voting with a selected validator.
DID	See Decentralised Identifier
DID Document (DDO)	A set of data describing an Entity Node (the DID subject) in ixo protocol networks; stateful digital record as a collection of JSON-LD attributes and objects related to DID.
Hub	Network of interconnected blockchains or devices.
IBC	Interoperability protocol for communicating arbitrary data between arbitrary state machines.
Inter-blockchain Communication	See IBC
Interchain Identifier	A decentralised identifier (DID) which has been purposed to identify digital assets which are located within blockchain name-spaces
Impact Token	Digital asset which represents interest in the impact economy and its impact claims.
ixo	Name of the open-source project that is building the Internet of Impact. Not an acronym.
IXO	The native utility token of the Internet of Impact Hub
Market Relayer	Agent who cultivates, facilitates, and supports projects, activities, and actors within a regional impact market.
Oracle	AI or human reporting agent attesting to state.
Precision Impact	Defined by a set of 10 Precision Impact Functions: Proofing, Prediction, Personalisation, Prescription, Planning, Proposing, Prevention, Protection, Profiling, and Participation.
Precision Oracle	Oracle that provides Precision Impact Functions (P-functions).
Proof	Collected data that supports a claim.
Relayer	Validator Node operators of the Impact Hub are referred to as Relayers.
Specification	The data requirements needed to properly satisfy a valid claim.
State	The observed, verifiable condition of the world. Or, the digital representation of this observed state recorded on blockchain as claim.
Token	A medium of value. Digital asset representing a denominated unit of value or, in the case of a Non-Fungible Token, the representation of a real asset or claim.
Validator	A computer server that validates blockchain transactions through peer-to-peer consensus mechanisms.
Validation	The process of verifying the authenticity and the accuracy of a transaction by verifying cryptographic credentials and blockchain state.
Verification	The process of evaluating the veracity of a claim.
Verified Claim	Claim which has been verified by evaluation entities such as a Verification Agent, Auditor, or Arbitrator.
Wallet	DID associated, encrypted, secured data store, such as ixo Keysafe, that holds an Agent's tokens and digital assets.
Zone	ixo Protocol Networks may be independently configured into zones that have their own security, governance and economic mechanisms.