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GLOSSARY

An electronic signature, or e-signature, is any electronic mark (sign, sound, symbol, etc.) used in place of a physical signature in signing a document or contract.

Economic utility is a term in economics that refers to the total satisfaction that a person can derive from consuming a good or service.

EIP-1559 is an upgrade to the Ethereum network that simplified the fee market mechanism.

Exponential moving average (EMA) is a technical indicator that highlights the recent price changes and data points of an asset/stock/cryptocurrency while keeping the older chart observations intact.

The speed at which new coins are produced and released.

Enterprise blockchain is the use of distributed ledger technology for non-speculative business purposes. Tailored for the needs of enterprises, these chains may be private or public.

Equity is the funds that would be returned to a company’s shareholders if all of the company’s assets were dissolved and all debts were paid off in the event of liquidation.

ERC-7512 aims to standardize how audit reports are represented directly on Ethereum’s blockchain.

ERC-1155 digital token standard was created by Enjin and offers more security in comparison to older token standards. It can be used to create both fungible and non-fungible assets on the Ethereum network.

Tokens designed and used solely on the Ethereum platform.