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centre-whitepaper

http://centre.io.


CENTRE   

|

   23



CENTRE WHITEPAPER   

|

   DOCUMENT VERSION 2.0 



Anti-Money Laundering rules (AML)

: A set of 

procedures, laws or regulations designed to stop the 

practice of generating income through illegal actions.



Application Programming Interface (API)

: A set of 

routines, protocols, and tools for building software 

applications. An API specifies how software 

components should interact. In general terms, it is 

a set of clearly defined methods of communication 

between various software components.

Bitcoin

: A network in which encryption techniques 

are used to regulate the generation of units 

of currency and verify the transfer of funds 

(when lowercase, the term also refers to the 

units of currency rather than the network).



CENTRE

: A protocol for digital wallet interoperability 

across currencies and borders, across diverse 

software implementations, and across multiple 

blockchains, ledgers, and settlement rails.

CENTRE Network

: The connected network of CENTRE 

nodes operated by participants such as wallet 

providers, service providers, and financial institutions.




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