bTrade glossary


No resource would be complete without a comprehensive glossary of terms. We’ve compiled a list of terms and their definitions to better help you navigate.


Two-Phase Commit A mechanism to synchronize updates on different machines or platforms so that they all fail or all succeed together. The decision to commit is centralized, but each participant has the right to veto. This is a key process in real time transaction-based environments.

Triple DES A security enhancement to Digital Encryption Standard (DES) encryption that employs three-successive single- DES block operations. Using two or three unique DES keys, this increases resistance to known cryptographic attacks by increasing the effective key length. See DES.

Trigger A trigger is a stored procedure that is automatically invoked on the basis of data-related events.

Trading Network A network of business partners who trade, transact, and execute external business processes with each other.

Trade Item Any item (product or service) on which there is a need to retrieve pre-defined information and that may be priced or ordered or invoiced at any point in any supply chain.

TLS Transport Layer Security (IETF euphemism for SSL) has been endorsed and included in the Transport Layer Security protocol promoted with the Internet Engineering Task Force (IETF) by several major data communications technology corporations, such as IBM.

TCP/IP Transmission Control Protocol/Internet Protocol is the IETF-defined suite of the network protocols used in the Internet that runs on virtually every operating system. IP is the network layer and TCP is the transport layer.

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