What is Digital Asset? 

Orange Lightning

Digital assets are valuable  items existing electronically, from documents and software to new  forms like cryptocurrency and NFTs, representing ownership or access rights, here are some of the things to know.

1

Broad Definition

This includes photos, videos, documents, and even software. If it's created and stored electronically, it's a digital asset.

2

Evolving Meaning

The term "digital asset" has grown to encompass more than just basic digital files, these digital assets can be used for investment.

3

Key Characteristic Value

Not all digital information qualifies as an asset, to be considered a digital asset, something must have some monetary or intangible value.

4

Ownership & Rights

Digital assets often come with ownership rights or usage, which means you can control who can access, use, or copy the asset.

5

Discoverability

This means there needs to be a way to track ownership and ensure the authenticity of the asset.

6

Growing Importance

As we rely more on technology for work, communication, and entertainment, the value of digital assets continues to grow.

7

Diverse Range

The world of digital assets is vast and constantly evolving which are Digital documents, Multimedia files,  Website contentment etc.