Decode finance jargon with Kite
Terms starting with O
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Reading public blockchain data to trace flows and assess risk. Because the ledger is public, this is considerably easier than the equivalent in banking.
Transaction monitoring, except the analyst does not need a subpoena to see the data.
On-chain transfer
also called transaction, transfer, txMoving value directly on a blockchain, from your wallet to theirs, with no bank in the middle. It settles in one step, and once it is final it stays final.
A wire or an instant payment, except settlement and messaging are the same event rather than two systems reconciling afterwards.
The live list of buy and sell offers on an exchange. The best bid and best offer meeting in the middle is the price.
The same order book, on the same principle, as any stock exchange.
Depositing more value than you borrow, for example 150 dollars of assets to draw 100. It is how lending works without credit checks.
A secured loan with a deliberately conservative loan-to-value ratio.
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