Glossary

Term
Definition

AML

Anti Money Laundering. Regulations designed to prevent illegal use of financial systems.

Burn

Permanent removal of tokens from circulation by sending them to an inaccessible address.

CEX

Centralized Exchange. A cryptocurrency exchange operated by a central authority.

DAO

Decentralized Autonomous Organization. Organization governed by smart contracts and token votes.

ERC-20

Technical standard for fungible tokens on the Ethereum blockchain.

FHIR

Fast Healthcare Interoperability Resources. Standard for healthcare data exchange.

FIU

Financial Intelligence Unit. Government agency combating money laundering.

GDPR

General Data Protection Regulation. EU regulation governing data privacy.

H2P

Health 2 Purpose. The native utility token of the HUMB ecosystem.

HIPAA

Health Insurance Portability and Accountability Act. US medical data privacy law.

KYC

Know Your Customer. Identity verification procedures are required by regulations.

KYH

Know Your Healthcare. HUMB's framework for verifying healthcare credentials.

Layer 2

Secondary blockchain protocol built on an existing blockchain for scalability.

Market Cap

Total value of all tokens, calculated as price multiplied by circulating supply.

MiCA

Markets in Crypto Assets. EU regulatory framework for cryptocurrency.

PHI

Protected Health Information. Individually identifiable health data under HIPAA.

TGE

Token Generation Event. Initial creation and distribution of a token.

VASP

Virtual Asset Service Provider. Regulatory classification for crypto businesses.

Vesting

Schedule releasing tokens gradually over time to align long-term incentives.

Zero Knowledge Proof

A cryptographic method proving something is true without revealing the underlying data.

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