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
- Baking Definition
- Eye-Tracking Technology Definition
- Point Of Interaction (PoI) Definition
- Relay Chain Definition
- Committee On Uniform Securities Identification Procedures (CUSIP) Definition