Regulatory Landscape
The Challenge
Germany's BaFin has approved security token offerings. RENSNCE operates under the eWpG (Electronic Securities Act), allowing for fully on-chain securities issuance.
The Compliance Engine
GDPR is encoded into smart contracts. Data access requests trigger on-chain consent flows. Users can exercise their "right to be forgotten" via cryptographic key rotation.
Regional Terminology
Federated Learning
A machine learning approach where models are trained across decentralized devices without raw data ever leaving the local environment.
Byzantine Fault Tolerance
The ability of a system to continue operating correctly even if some of its components fail or act maliciously.
Layer 2
Secondary frameworks or protocols built on top of an existing blockchain (Layer 1) to improve scalability and transaction speed.
Merkle Tree
A data structure in which every leaf node contains a cryptographic hash, and every non-leaf node contains the hash of its child nodes, enabling efficient verification.
Local Token Economy
What's being traded?
Privacy tokens, open-source grants, creative commons NFTs.