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IUID - Item Unique Identification is the strategic system implemented by the DoD to enhance the traceability of the property. UID - Unique Identification, the term UID is commonly used for different things and sometimes used in place of IUID, and thus can be a source of confusion. Generally, "The UID" refers to the physical mark on the asset or ...
Digital asset. A digital asset is anything that exists only in digital form and comes with a distinct usage right or distinct permission for use. Data that do not possess those rights are not considered assets. Digital assets include, but are not limited to: digital documents, audio content, motion pictures, and other relevant digital data ...
The Internal Revenue Service (IRS) describes Virtual Currencies (VCs) as "a digital representation of value that functions as a medium of exchange, a unit of account, and/or a store of value [and] does not have legal tender status in any jurisdiction." [4] Although, electronic payment systems have been part of American life since at least 1871 ...
Decentralized finance (often stylized as DeFi) offers financial instruments and operations through smart contracts on a programmable permissionless blockchain, thus minimizing the reliance on intermediaries such as brokerages, exchanges, or banks. [1] DeFi platforms allow people to lend or borrow funds from others, speculate on price movements ...
Cryptocurrencies are generally viewed as a distinct asset class in practice. [ 7 ][ 8 ][ 9 ] Some crypto schemes use validators to maintain the cryptocurrency. In a proof-of-stake model, owners put up their tokens as collateral. In return, they get authority over the token in proportion to the amount they stake.
Building information model of a mechanical room developed from lidar data. Building information modeling (BIM) is a process involving the generation and management of digital representations of the physical and functional characteristics of buildings and other physical assets. BIM is supported by various tools, technologies and contracts.
Markets in Crypto-Assets. Markets in Crypto-Assets (MiCA) is a regulation in European Union (EU) law. It is intended to help streamline the adoption of blockchain and distributed ledger technology (DLT) as part of virtual asset regulation in the EU, while protecting users and investors. MiCA was approved on 20 April 2023 by the EU Parliament ...
Virtualization. In computing, virtualization (v12n) is a series of technologies that allows dividing of physical computing resources into a series of virtual machines, operating systems, processes or containers. [1] Virtualization began in the 1960s with IBM CP/CMS. [1] The control program CP provided each user with a simulated stand-alone ...