A
ABCI Application Blockchain InterfaceConsensus
The interface between the CometBFT consensus engine and the application logic. Allows any programming language to implement blockchain application logic while using CometBFT for consensus.
ADGM Abu Dhabi Global MarketJurisdiction
A financial free zone in Abu Dhabi with its own legal framework based on English common law. JIL operates JIL Ltd here for MENA operations and secondary fiat rails.
AML Anti-Money LaunderingCompliance
Regulations and procedures to prevent criminals from disguising illegally obtained funds as legitimate income. JIL enforces AML at the protocol level via jurisdiction corridors.
AMM Automated Market MakerDeFi
A type of DEX protocol that uses mathematical formulas to price assets instead of order books. JIL's DEX uses AMM pools for liquidity provision.
ATCE Automated Token Compliance EngineJIL Core
JIL's programmable compliance framework that embeds regulatory rules directly into tokens. Enables transfer restrictions, investor limits, lock-up periods, and jurisdiction corridors.
B
BFT Byzantine Fault TolerantConsensus
A consensus mechanism that can reach agreement even when some nodes fail or act maliciously. JIL uses 7-of-10 BFT, meaning consensus holds even if 3 validators are compromised.
bps Basis PointsFinance
One basis point = 0.01%. JIL charges 3 bps (0.03%) per settlement transaction, compared to 10-50 bps for competitors like Fireblocks.
BSA Bank Secrecy ActCompliance
US law requiring financial institutions to assist government agencies in detecting and preventing money laundering. JIL's compliance framework supports BSA requirements.
C
CAGR Compound Annual Growth RateFinance
The mean annual growth rate of an investment over a specified period longer than one year. JIL projections use 40% CAGR for market growth estimates.
CCIP Cross-Chain Interoperability ProtocolInfrastructure
Chainlink's protocol for secure cross-chain messaging. One of JIL's competitors in the cross-chain infrastructure space.
CometBFT
The consensus engine (formerly Tendermint) that JIL uses for its BFT consensus. Provides deterministic finality and sub-10 second settlement times.
D
DAO Decentralized Autonomous OrganizationGovernance
An organization represented by rules encoded as a smart contract, controlled by members without centralized leadership. JIL uses DAO governance for protocol decisions.
DCA Dollar Cost AveragingTrading
Investment strategy of investing a fixed amount at regular intervals regardless of price. JIL's AI Token Managers support automated DCA strategies.
DEX Decentralized ExchangeDeFi
A cryptocurrency exchange that operates without a central authority. JIL's integrated DEX ensures all JIL-native tokens trade within the ecosystem.
DID Decentralized IdentifierIdentity
A new type of identifier that enables verifiable, decentralized digital identity. JIL's DID Registry integrates with KYC providers using zero-knowledge proofs.
DilithiumCryptography
A NIST-approved post-quantum digital signature algorithm based on lattice cryptography. JIL implements Dilithium for quantum-resistant signatures.
DTCC Depository Trust & Clearing CorporationTradFi
The primary financial post-trade market infrastructure in the US, processing trillions in securities transactions. JIL positions itself as "The DTCC for Tokenized Assets."
DvP Delivery versus PaymentSettlement
A settlement mechanism that links asset transfer to payment transfer, ensuring both occur simultaneously. JIL's atomic settlement engine implements DvP.
E
Ed25519Cryptography
A widely-used digital signature algorithm. JIL supports Ed25519 for classical cryptography while transitioning to post-quantum Dilithium.
ESG Environmental, Social, and GovernanceInvesting
Criteria used by investors to evaluate corporate sustainability and societal impact. JIL's 10% humanitarian allocation appeals to ESG-focused investors.
F
FCA Financial Conduct AuthorityRegulator
The UK's financial regulatory body. JIL's jurisdiction corridors support FCA compliance requirements.
FINMA Swiss Financial Market Supervisory AuthorityRegulator
Switzerland's independent financial-markets regulator. JIL AG operates under FINMA oversight via VQF SRO membership for maximum institutional credibility.
FSA/JFSA Financial Services Agency (Japan)Regulator
Japan's financial regulatory body. JIL supports FSA compliance requirements through jurisdiction corridors.
FSRA Financial Services Regulatory AuthorityRegulator
ADGM's financial services regulator. JIL Ltd operates under FSRA oversight for MENA operations.
G-H
Howey TestLegal
A US Supreme Court test for determining whether a transaction qualifies as a "security." JIL's compliance framework helps issuers navigate Howey Test requirements.
HQ HeadquartersCorporate
JIL's global headquarters is JIL AG in Zug, Switzerland ("Crypto Valley"), chosen for political neutrality, regulatory credibility, and crypto-native banking.
K
KYB Know Your BusinessCompliance
The process of verifying the identity and legitimacy of a business entity. JIL's certification process includes KYB verification for corporate token issuers.
KYC Know Your CustomerCompliance
Regulations requiring financial institutions to verify customer identity. JIL integrates KYC at the protocol level through the DID Registry and jurisdiction corridors.
KyberCryptography
A NIST-approved post-quantum key encapsulation mechanism. JIL implements Kyber for quantum-resistant key exchange alongside Dilithium signatures.
L
L1/L2 Layer 1 / Layer 2Blockchain
L1 is a base blockchain (like Ethereum, JIL); L2 is a secondary framework built on top for scalability. JIL is an L1 blockchain optimized for institutional settlement.
LBP Liquidity Bootstrapping PoolDeFi
A pool mechanism designed for fair token launches, allowing projects to raise capital while enabling price discovery. JIL's Launchpad uses LBP auctions.
M
MAS Monetary Authority of SingaporeRegulator
Singapore's central bank and financial regulatory authority. JIL Pte Ltd operates in Singapore for APAC operations under MAS frameworks.
MENA Middle East and North AfricaRegion
Geographic region covering the Middle East and North Africa. JIL Ltd (ADGM) handles MENA operations with secondary fiat rails.
MEV Miner/Maximal Extractable ValueBlockchain
Value extracted by miners/validators through transaction reordering, insertion, or censorship. JIL's private transaction pools prevent MEV attacks on institutional orders.
MiCA Markets in Crypto-AssetsRegulation
The EU's comprehensive regulatory framework for crypto-assets. JIL's jurisdiction corridors support MiCA compliance for EU operations.
MPC Multi-Party ComputationCryptography
A cryptographic technique where multiple parties jointly compute a function over their inputs while keeping those inputs private. Used by competitors like Fireblocks for key management.
MSB Money Services BusinessCompliance
A legal term for businesses that transmit or convert money. Many crypto businesses register as MSBs with FinCEN in the US.
N-O
NIST National Institute of Standards and TechnologyStandards
US agency responsible for technology standards. JIL implements NIST-approved post-quantum cryptography (Dilithium, Kyber).
OCC Office of the Comptroller of the CurrencyRegulator
US bank regulator. Anchorage Digital is the only federally chartered crypto bank with an OCC charter.
OFAC Office of Foreign Assets ControlCompliance
US Treasury department that administers economic sanctions. JIL's compliance framework includes OFAC sanctions screening.
P-Q
PEP Politically Exposed PersonCompliance
Individuals who hold or have held prominent public functions. JIL's compliance framework includes PEP screening for enhanced due diligence.
PoH Proof of HistoryConsensus
A sequence of computation to create a historical record proving events occurred at a specific moment. JIL's Tower BFT is adapted from Solana's PoH.
PoS Proof of StakeConsensus
A consensus mechanism where validators stake cryptocurrency to participate in block production. JIL uses DPoS (Delegated Proof of Stake) for validator selection.
R
RFQ Request for QuoteTrading
A trading mechanism where parties request price quotes from market makers. JIL supports RFQ for large institutional trades.
RocksDBDatabase
A high-performance embedded database for key-value data. JIL uses RocksDB for persistent ledger storage with full replication across regions.
RPC Remote Procedure CallInfrastructure
A protocol for executing procedures on remote systems. JIL provides RPC nodes for applications to interact with the blockchain.
RWA Real-World AssetsTokenization
Physical assets (real estate, commodities, art) represented as tokens on a blockchain. JIL's Asset Registry supports RWA tokenization with compliance.
S
SaaS Software as a ServiceBusiness
A software licensing model where applications are provided over the internet. JIL offers SaaS custody subscriptions for institutional clients.
SOC 2 Service Organization Control 2Compliance
An auditing procedure ensuring service providers securely manage data. JIL targets SOC 2 certification by Month 6 of operations.
SRO Self-Regulatory OrganizationRegulation
A non-governmental organization with power to create and enforce regulations. JIL AG uses VQF SRO membership for Swiss AML compliance.
SWIFT Society for Worldwide Interbank Financial TelecommunicationTradFi
Global messaging network for international bank transfers. JIL provides SWIFT-level institutional guarantees with sub-10 second settlement.
T
T+2Settlement
Trade date plus 2 business days - the traditional settlement time for securities. JIL provides settlement in <10 seconds compared to T+2.
Tower BFTConsensus
JIL's consensus mechanism adapted from Solana's Proof of History with enhanced finality guarantees for institutional settlement.
TPS Transactions Per SecondPerformance
A measure of blockchain throughput. JIL targets 65,000+ TPS, compared to Ethereum's ~15 TPS and Bitcoin's ~7 TPS.
V-Z
VASP Virtual Asset Service ProviderCompliance
Businesses that provide services involving virtual assets (exchanges, custodians). JIL's custody integrations meet VASP requirements.
VQF Verein zur Qualitätssicherung von FinanzdienstleistungenCompliance
A Swiss Self-Regulatory Organization for AML compliance. JIL AG uses VQF membership for Swiss banking access at lower cost than full FINMA licensing.
ZK Zero-KnowledgeCryptography
Cryptographic proofs that verify information without revealing the underlying data. JIL uses ZK proofs for privacy-preserving KYC and compliance verification.
JIL-Specific Terms
Humanity Funding VaultJIL Core
On-chain vault that receives 10% of all protocol revenue, automatically distributed to humanitarian causes. Hard-coded into the protocol - cannot be changed.
Jurisdiction CorridorsJIL Core
JIL's system for automatic compliance enforcement in cross-border settlements. Routes transactions through appropriate compliance checks based on source and destination jurisdictions.
Protected ZoneJIL Zones
JIL's highest-compliance zone for institutional-only access. Requires verified institutional KYC, accreditation verification, and audit trails.
Unprotected ZoneJIL Zones
JIL's standard compliance zone for all verified users. Requires basic KYC with standard AML screening.
Quarantine ZoneJIL Zones
JIL's enhanced monitoring zone for higher-risk jurisdictions. Requires enhanced KYC, daily limits, and manual review thresholds.