Glossary of terms commonly used in the Wallet


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ECB stands for European Central Bank, established in June 1998 and headquartered in Frankfurt, Germany. It is responsible for monetary policy in the euro area, specifically the formulation and implementation of monetary policy, the issuance and management of euros, the conduct of foreign exchange operations, and the smooth operation of the payment and settlement system.


When important information such as email or credit card numbers is transmitted over the internet, they are converted in such a way that they cannot be understood even if they are viewed en route, which is called encryption.

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