Glossary
Last updated
Last updated
Admission Policy | Definition |
---|---|
AML
Anti Money Laundering.
Attestation
A claim in the form of an EIP-712.
Attribute
Attributes are data points which preserve the user’s anonymity by being part of a set, e.g. age > 21 or credit score between 800-850.
Base Rule
CFT
Countering the Financing of Terrorism.
Credential
On-chain representation of a Wallet meeting PolicyID requirements, at a given time (timestamp).
DeFi
Decentralised Finance.
KYB
Know Your Business.
KYC
Know Your Customer.
KYW
Know Your Wallet.
Operators
Used to compose Rules together: union
, intersection
, complement.
PII
Personal Identifiable Information.
Policy
Policy Owner
Programme
Custom onboarding flow based on a user's risk profile, as defined by the Policy Owner.
Risk Matrix
Risk framework populated by the Policy Owner which defines the criteria to pass or fail validation under the Rule. The Policy Owner can define red flags to prevent access and/or assign risk scores to attributes to make the decision process as quantitative as possible.
Rule
SAR
Suspicious Activity Report.
TradFi
Traditional Finance (in contrast with blockchain-based finance).
User
Also designated as End-User. Individual or company using the Keyring product (see Terms and Conditions for more definitions).
Zero-knowledge proof
Proving facts without revealing the underlying information. Keyring leverages the GROTH16 proof protocol.
Merkle Proof
Merkle Proofs, on their own, require that user reveals data. They can prove “apple” is in the set of known fruit, but they can’t do it without saying “apple”. Our zero-knowledge proving scheme ingests a Merkle Proof, so we get something like “I’m working with one of the known fruits, and I can prove it, but I won’t tell you which one”. More on point, “My identity commitment exists in the set of known ones” but I won’t tell you which identity commitment I’m working with.
.
, also referred to as "Admission Policy".
Administrator of a Policy, more here .
.