Application-Specific Integrated Circuit (ASIC)
Definition of what Application-Specific Integrated Circuit (ASIC) stands for (in finance):
A customized hardware component optimized for a specific use, such as cryptocurrency mining.
More Term Definitions
- Stable Coin Definition
- R3 Definition
- Early Stage Financing Definition
- RSA (Rivest-Shamir-Adleman) Definition
- Proof-of-Activity (PoA) Definition
