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Glossary

The Bando Fulfillment Protocol uses the following terminology.

On-chain and Off-chain

  • “On-chain”: Refers to whatever process that happens as part of a blockchain txn.

  • “Off-chain”: Any process that happens outside a blockchain

Bando Fulfillment Protocol (BFP)

The overall system composing of on-chain and off-chain components.

Fulfillment Provider (FuP)

An entity that a fulfiller uses to complete a user’s request for payment of a good or service.

Fulfiller

An entity (company or institution) that is approved and in charge of fulfilling requests for products or services requested by a wallet via de fulfillment protocol.

Fiat Provider (FiP)

An entity in charge of providing crypto-to-fiat conversions.

Payment reference (ref)

A string of ASCII characters normally used as an identifier to fulfill a request. This may be an email, username, cellphone, ID number, etc.

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