Key Terms

Credential

An on-chain attestation that represents a claim about a user (i.e. KYC).

Credential Issuer

A service provider that is responsible for minting, burning, and managing credentials on behalf of users.

ERC20 Token

ERC20 is the standard behind smart contracts serving for implementation of fungible tokens.

Safe Token

ERC20 Wrapper Token that can only be traded by KYC/AML wallets.

Blue Network

An aggregation of DeFi protocols, tokens, credentials, credential issuers, chains, and wallets that support permissioned trading on permissionless primitives.

BlueID

An on-chain credential holder that verifies user attributes during safe token transactions (i.e., KYC).

Chain

An EVM-compatible blockchain that serves as a data settlement layer.

Wallet

A blockchain wallet is a digital wallet that allows users to store and manage their tokens.

DeFi Protocol

Decentralized applications that support financial markets built on blockchains.