Atomic Settlement
Atomic settlement is the simultaneous, instantaneous exchange of a digital asset and its payment in a single blockchain transaction — eliminating the settlement risk inherent in traditional financial markets where security delivery and payment occur at different times.
Colorado Digital Token Act
Colorado's Digital Token Act (2019) exempts certain utility tokens from the state's securities registration requirements if they meet specific criteria, making Colorado one of the first US states to create a clear legal pathway for blockchain developers.
Delivery vs Payment (DvP)
Delivery versus Payment is the fundamental settlement principle that transfer of a security must occur simultaneously with payment — eliminating principal risk — and blockchain-based atomic settlement represents the most complete technical implementation of DvP yet achieved.
Oracle (Blockchain)
A blockchain oracle is a service that provides external, real-world data to smart contracts — essential for tokenized assets that must reference off-chain information like asset prices, interest rates, accreditation status, and regulatory flags.
Smart Contract
A smart contract is a self-executing program stored on a blockchain that automatically enforces the terms of an agreement when predefined conditions are met — eliminating intermediaries from financial transactions and enabling programmable compliance in tokenized assets.