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Definitions and distinctions

Plain-English glossary

Definitions for the terminology across BTG research, permissions, markets, investment and community education.

Edition 2.0 · 23 October 2026 · Educational/public explanatory documentation · No public investment offering or approval claimed

Definitions in alphabetical order

TermMeaning
A-class instrumentDefined assignment, transfer or specifically documented economic right.
ADAMThe BTG governance and protected-state transition layer.
AssetThe specific defined dataset, method, algorithm or other subject being described.
Asset-focused issuerA legal entity whose commercial strategy centres on a particular asset.
AssuranceEvidence appropriate to the exact scope of a claim.
AuthorityLegitimate permission from the correct legal/technical decision-maker.
BTDUBTG’s reconstructive knowledge and semantic view system.
BridgeThe permissioned data connection and intake component.
CandidateA proposed output that has not yet passed all required tests and review.
CapitalizationIssued ownership units, rights and financing structure of a company.
Chain of titleEvidence showing who legally acquired and controls relevant rights.
CircuitAn assembled set of compatible computational capabilities.
Circuit GenomeA versioned record of an executable assembly and its dependencies.
ConsentMeaningful permission for a stated collection, use or disclosure.
DCOA proposed BTG data capital object/asset offering reference; not itself proof of legal securities classification.
DataChipA reusable identified computational capability with explicit behavioural boundaries.
DisclosureInformation given so a buyer, reviewer or investor can understand facts, risks and rights.
ENTITYBTG’s separately public identity, evidence, provenance and rights infrastructure.
ExchangeHere, the proposed Bit Trade Global market architecture; not an already recognized market venue.
FarmNodeA defined computational research laboratory; may be logical or physically deployed.
Fiat reconciliationMatching actual money transfers to legitimate transaction records.
GenomeA versioned recipe or assembly description.
HashIntegrity fingerprint that must be tied to an authentic reference.
Holdout testIndependent challenge examples not used to prepare a proposed solution.
I-class instrumentA legally issued investment security, not automatically a raw-data ownership token.
IssuerLegal person or entity responsible for the stated financial instrument.
KYCIdentity and investor/customer due-diligence controls where required.
LicenceContractual permission to use something within defined limits.
LiquidityAbility to sell an instrument under lawful and practical market conditions.
Logical nodeConfigured software unit, not necessarily a separate computer.
Marketplace recognitionA legally applicable decision/authority for operating a securities venue.
NIKIAutonomous research and invention candidate generation and evaluation programme.
OracleIndependent reference that measures whether a candidate output is correct.
PIPABritish Columbia Personal Information Protection Act applicable to many private-sector organizations.
Privacy minimizationCollection and release only of information actually necessary for a stated purpose.
Production-qualifiedSuccessfully completed relevant end-to-end operational, security and authority acceptance gates.
Prospectus exemptionA narrowly applicable legal pathway that does not automatically waive registration or venue rules.
ProvenanceEvidence describing the origin and history of a particular record or result.
Regulated securityA legal investment interest whose obligations follow applicable securities law.
RevocationEnding future permitted access or actions subject to applicable law and agreements.
Rights PassportBTG’s intended public-facing explanation of permissions, restrictions and contractual rights.
Semantic viewAn interpretation/index of authoritative material without changing its source.
SettlementLegally and financially completing a transaction according to its obligations.
TickerAn identifying market symbol, not evidence of issued legal rights.
U-class instrumentContractual permission for commercial use of a capability or data asset.
ValuationSupported estimate of economic value, with assumptions, comparisons and uncertainty.
VerificationTesting a specific assertion against reliable evidence.
Youth safeguardingPolicies, screening and supervision used to protect workshop participants.