Version: current

Glossary

Asset#

Asset represents a Qredo supported digital asset such as a cryptoassets and/or cryptocurrencies. Currently supported assets can be obtained at the Assets endpoint.

Company#

Company represents a customer account created by a partner. Multiple companies can be created corresponding to multiple customer accounts.

Counterparty#

Counterparty refers to the persons or entities on opposite sides of a transaction.

Currency#

Currency represents a cryptocurrency or tokenized asset. TO BE CONFIRMED

Custody#

Custody refers to the governance of a fund on behalf of customers. This governance is determined with a tailored Custody Policy.

- Custody Policy#

Custody Policy refers to the governance and authorization of the movement of assets i.e. TX - Transfers and Swaps and Withdraw - Withdrawals policy.

- Custodian#

Custodian Custodians approve transactions moving assets out of a fund.

Epoch#

Epoch refers to a date and time relative to which a computer's clock and timestamp values are determined. The epoch traditionally corresponds to 0 hours, 0 minutes, and 0 seconds (00:00:00) Coordinated Universal Time (UTC) on a specific date.

Fund#

A Fund represents a container for Assets, Custody Policy and Deposit Addresses. A Fund can contain multiple assets. Each asset has a single deposit address. Multiple Funds can be created on behalf of a customer.

Fund Manager#

Fund Manager is the owner of the Account. The Fund Manager sets up Funds, determines the Custody Policy for a Fund and appoints Custodians. For Company Accounts the Fund Manager is the user assigned to that role. When using the Partner API, this role is performed by the partner themselves.

Holding#

A Holding represents a portfolio of Funds.

Trusted Network#

A Trusted Network is the collective term for all Trusted Parties. Counterparties and Custodians.

Trusted Party#

A Trusted Party can be a Counterparty for a transaction and/or a Custodian.

Users#

A User is an individual who is added to the Qredo Network. Once added, funds can be transferred to them using the API. A user must be added to the Trusted Network as Trusted Party to act as a custodian.