Describes the logic for the execution of technical functionalities and complements the front-end, which focuses on user interaction.
Among the examples are the transaction-oriented functionalities of core banking systems as well as the distributed ledger functionalities of many cryptocurrencies (DLT). Back-ends are typically used via interfaces (API).
More Term Definitions
- Graphical User Interface (GUI) Definition
- Altcoin Definition
- Smart Product Definition
- Liquidity Pool Definition
- Software-Defined Networking (SDN) Definition