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What is a QR Code?

A QR code (quick-response code) is a type of two-dimensional matrix barcode. It was invented in 1994 by the Japanese company Denso Wave for labeling automobile parts. These codes store…
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What is a Chief Commercial Officer (CCO)?

A chief commercial officer (CCO) is a senior executive who is responsible for the commercial strategy and development of an organization. A CCO oversees the activities related to marketing, sales,…
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What is a chief operating officer (COO)?

A chief operating officer (COO) is a senior executive who oversees the day-to-day operations of a company. The COO works closely with the chief executive officer (CEO) and other top-level…
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Barter Trade: A System Without Money

Barter, the act of exchanging goods or services directly without using a medium of exchange like money, is considered the oldest form of commerce. While largely replaced by monetary systems,…
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Enterprise Customers

Enterprise customers are large businesses with complex structures and needs. They usually have more than 250 employees and $50 million-plus in annual revenue. They are different from individual customers or…
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iGaming

Igaming is a term that refers to online gambling, such as casino games, poker, sports betting, and lottery. There are many igaming terminologies that you might encounter when playing or…
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UTXO: Unspent transaction output

An unspent transaction output (UTXO) is a record of a cryptocurrency that has been sent but not yet spent. It represents a certain amount of cryptocurrency that has been authorized…
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Token

A token is a digital asset that is created on a blockchain. It is a unit of value that can be used to represent ownership, access, or rights. Tokens can…
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Smart contract

A smart contract is a self-executing contract that is stored on a blockchain. It is a piece of code that can be used to automate transactions and agreements. Smart contracts…
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Satoshi: The smallest unit of Bitcoin

A Satoshi is the smallest unit of Bitcoin, equivalent to 100 millionth of a Bitcoin. Bitcoins can be split into smaller units to facilitate smaller transactions. The satoshi was named…