Terms relating to digital assets are now officially translated.
The coincidence is almost funny. While Bitcoin has been beating record after record for a few weeks, bringing in its wake several other assets whose price has jumped, the French language enrichment commission published on January 15, 2021 a new list of terms, expressions and definitions relating to digital assets.
On the menu, we find “digital asset”, “token” and “distributed ledger”, translated by “digital asset”, “token” and “shared ledger”. Until then, nothing but very classic. Definitions are provided. For example, the shared registry is the ” all data that is recorded by a shared electronic recording device and maintained by the recording participants ».
Public offering of cyber tokens
More original, the “initial coin offering” (ICO), which is a ” issuance of cyber tokens which aims to finance a project or an organization »Recalls the commission, will say in French« offer to the public of cyber tokens ». The expression ICO is similar to the English expression IPO (for initial public offering), which is mentioned when a company goes public.
Other terms benefiting from a translation in the Official Journal are “digital asset management”, “distributed ledger technology” and “smart contract”, which become “digital asset management”, “shared electronic recording device” and “automaton”. executeur de clauses ”in the language of Molière. Variants of these expressions and their definition appear in the Official Journal.
The commission intervenes regularly to adapt words or expressions from other languages into French which are essential in everyday language. Digital technology is obviously not the only area concerned, but it regularly receives the attention of the body in view of its importance in daily life and the influence of English-speaking tech on the rest of the world.
In 2020, for example, the committee looked into certain notions of the telecoms world, such as free traffic and geo-blocking. She also proposed videotox on the subject of deepfakes and provided her proposals in the lexical field of defense, whether it be cyber warfare or the paid research of computer security breaches (the famous bug bounties).
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