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Digital representation of value or utility, which can be seen as the virtual equivalent of a bank's certificates of deposit.

Fees paid for processing transactions, akin to bank's service charges, but not set by a central authority.

Similar to a bank account, used to store cryptocurrency but is not insured by FDIC.

Designed to work like electronic fiat on blockchain platforms, typically pegged one-to-one with traditional currencies.

Analogous to the minting of currency or printing of banknotes, but performed by solving complex mathematical problems.

Comparable to traditional contracts or agreements in banking, but is self-executing with the terms written into code.

Digital or virtual currency that uses cryptography, serving as an alternative to traditional fiat currency.

Equivalent to a bank account number, it's used to receive funds in cryptocurrency transactions.

Serves the same purpose as a bank ledger to record transactions, although it's distributed and public in the case of cryptocurrencies.

Functions like a traditional bank's currency exchange but for trading various cryptocurrencies.

Contrasts with centralized banking system by distributing control across a network rather than a single entity.

A digital ledger comparable to a bank's ledger but decentralized and immutable.

Similar to a bank account's password, it is used to authorize outgoing cryptocurrency transactions.