Applications

“Application” is the term we use to refer to all the components which comprise a product and protocol. For example, the Uniswap interface and smart contracts collectively make up the Uniswap Application.

In the Aethos Network, application owners are responsible for defining the rules which govern the behavior of their business logic. Collectively these rules are referred to as a “policy.” Policies are a set of rules, or conditional expressions, that determine a transaction’s acceptance into a smart contract.

Applications serve as the demand side of the Aethos Network. They require the services of operators to validate transactions’ adherence to their policies, and information providers to supply data for policy.