Appendices

Glossary of Terms

  • Blockchain: A decentralized digital ledger that records transactions across many computers securely.

  • Cryptocurrency: Digital or virtual currencies that use cryptography for security and operate independently of a central bank.

  • DeFi (Decentralized Finance): Financial services, including lending, borrowing, and trading, that operate on blockchain without central financial intermediaries.

  • Web3: The third generation of the internet, which incorporates decentralized networks, blockchain technologies, and token-based economics.

Contact Information

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Join us at OyaaPay as we pave the way for a future where digital banking is accessible, secure, and aligned with the vast potential of Web3 technology.

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