Application-Specific Integrated Circuit (ASIC) Definition

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

• Artifact Definition
• Startup Financing Definition
• Proof-of-Burn (PoB) Definition
• Banking Innovation Definition
• Encryption Definition