Skip to content

Glossary

Key terms used throughout AsiliChain documentation.

TermDefinition
BatchTokenERC-1155 token representing a weighed, graded coffee batch. Minted on Mantle when coffee is delivered and graded. The primary collateral unit.
GrowingCropTokenERC-721 token representing a standing pre-harvest crop. Issued at planting. LTV: 30–65%. Burned when crop is harvested and converted to a BatchToken.
WarehouseReceiptTokenUpgraded BatchToken representing a buyer-committed batch. Issued when a PurchaseOrder is confirmed. LTV: 75–80%.
LendingVaultUUPS-upgradeable smart contract on Mantle that holds MFI capital, evaluates BatchToken collateral, and disburses USDC loans.
CreditScoreOn-chain score starting at 500. +50 per on-time repayment. −100 per default. Portable, permanent, public.
DDSDue Diligence Statement — the document required by EUDR Article 4 for every coffee shipment entering the EU. AsiliChain generates it automatically.
HCSHedera Consensus Service — the append-only audit log that records every stage event from both Mantle and the AsiliChain API.
TraceLogSmart contract on Mantle that records the eight custody stages of a coffee batch from farm gate to export.
PurchaseOrderSmart contract on Mantle that records a buyer’s committed purchase. Upgrades collateral tier from BatchToken to WarehouseReceiptToken.
ProtocolFeeSmart contract distributing the 4% AsiliChain margin from each repayment cycle.
TermDefinition
Mantle NetworkThe Ethereum ZK rollup on which all AsiliChain smart contracts are deployed. ChainId 5000. 1-hour finality via OP Succinct/SP1.
Hedera HCSHedera Hashgraph’s Consensus Service. Used as an independent, immutable audit log. Governed by IBM, Google, FedEx, Boeing consortium.
USDCUSD Coin — the stablecoin used for all on-chain settlements, MFI deposits, and LendingVault operations on Mantle.
cUSDCelo Dollar — used in the legacy 3-chain architecture. Replaced by USDC on Mantle in the single-chain design.
CCIPChainlink Cross-Chain Interoperability Protocol. Referenced in earlier architecture iterations. Eliminated in single-chain design.
OP Succinct / SP1The ZK proof system powering Mantle’s rollup. Type-1 zkEVM — full EVM equivalence.
TermDefinition
Kotani PayPayment rail for USDC → UGX → MTN Mobile Money conversions. Handles farmer payouts in under 60 seconds. Acquired by Tether October 2025.
TransFiInstitutional on-ramp for MFI bank wire deposits (UGX or USD) converted to USDC and delivered to LendingVault. ISO27001 + SOC2 Type 2.
Kotani Pay APIThe POST /kotanipay/payout endpoint called by the AsiliChain API after every BATCH_DELIVERED event.
MTN MoMoMTN Mobile Money — the primary mobile payment account through which farmers receive loan disbursements and coffee sale proceeds.
MAAIF NTSMinistry of Agriculture, Animal Industry and Fisheries National Traceability System — Uganda’s government GPS-mapping programme for coffee farmers.
GFWGlobal Forest Watch — satellite deforestation monitoring API checked at farm registration and DDS generation.
Africa’s TalkingUSSD gateway provider for the *384# farmer interface.
AlchemyRPC provider and webhook service for Mantle mainnet event detection.
PinataIPFS pinning service for DDS documents, weight-slip photos, and farm boundary GeoJSON.
TermDefinition
EUDREU Deforestation Regulation (EU 2023/1115). Enforcement deadline December 30, 2026. Requires GPS-verified DDS for every EU coffee shipment.
UCDAUganda Coffee Development Authority — licences coffee exporters.
MAAIFMinistry of Agriculture, Animal Industry and Fisheries — issues the National Traceability System IDs and GPS maps.
UMRAUganda Microfinance Regulatory Authority — licences Tier IV MFIs. All MFI partners must be UMRA-licensed.
BoUBank of Uganda — regulates payment service providers and mobile money.
FIAFinancial Intelligence Authority — registers Virtual Asset Service Providers (VASPs) in Uganda. Kotani Pay must hold FIA registration.
UWRSAUganda Warehouse Receipt System Authority Act (2006) — establishes warehouse receipts as negotiable instruments under Ugandan law. The BatchToken’s legal anchor.
TRACESEU Trade Control and Expert System — the platform where EUDR DDS documents are filed.
TermDefinition
LTVLoan-to-Value ratio — the percentage of collateral value that can be borrowed. GrowingCropToken: 30–65%. BatchToken: 60–70%. WarehouseReceiptToken: 75–80%.
APRAnnual Percentage Rate. Informal lender APR in Uganda: 60–120%. AsiliChain borrower APR: 14–18%.
Auto-repaymentThe mechanism by which a loan repays automatically when a BatchToken reaches EXPORTED status — the buyer’s USDC payment flows through LendingVault before net balance reaches the cooperative.
FloatThe cooperative’s cUSD or USDC working reserve used to pre-fund farmer payouts before settlement from buyers.
TaaSTokenization-as-a-Service — Mantle’s pre-built KYC tooling and legal structuring framework for RWA tokenisation.
RWAReal-World Asset — tokenised representation of a physical asset. AsiliChain’s BatchToken is an agricultural commodity RWA.