Proof-of-Authority (PoA) Definition

Proof-of-Authority (PoA)

Definition of what Proof-of-Authority (PoA) stands for (in finance):

A consensus algorithm where a limited number of trusted validators verify transactions instead of using mining.

More Term Definitions

• Alternative Credit Scoring
• Hackathon Definition
• Early Stage Financing Definition
• Home Banking Computer Interface (HBCI) Definition
• Financial Wellness Definition