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Digital asset

Digital asset is an information resource derivative of the right to a value and circulating in the distributed ledger in the form of a unique identifier.

The term takes into account the essential semantic features of the phenomenon and is characterized by four components: economic, legal, information, value.

1. Economic component in the context of the definition of the term “digital asset”. This component’s significance in the financial field is represented by a unique identifier.

2. Legal component is represented in the legal field by a derivative of the right. A digital asset is not the right to a value in its interpretation, but it has attributes of a derivative of the right to a value.
3. Information component is represented in the IT field by an information resource circulating in the distributed ledger. A digital asset has such main properties of an information resource as:

a) information is structured according to certain parameters and categories;

b) information is recorded on a digital medium;

c) information can be stored, transmitted, exchanged, used, etc. In addition, a digital asset in our understanding has an additional property – information on a value is formed by the owner of this value.
4. Value component is represented in the field of tangible and intangible assets. Digital asset is a kind of a guaranteed right to claim a certain value inherent in this digital asset. In other words, a digital asset serves as a digital display of value.
With the emergence of the distributed ledger technology, whose structure guarantees safe information storage and the possibility of asset verification, the digital asset obtained a unique property.
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digital eloi

The modern users of technology who reap the fruits and live among the cultivated gardens of Web 3.0; but live in blissful ignorance of how it all functions or who lays their digital tables.
"They say Gen Z are 'digital natives', but in actuality they are a form of digital eloi."

"James only knows how to find movies on streaming sites, he says he doesn't know how to use a torrent client or burn a CD."
"What a digital eloi."
by deMONSTERative June 28, 2023
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digital durry

a vape

'durry' is Australian slang for a cigarette
by kylorensak47 April 4, 2023
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Digital Panhandler

A live streaming social media content creator who asks for gifts, likes or shares.
TikTok is full of digital panhandlers trying to come up.
by Wino.24x7 June 14, 2024
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Digital Flesh

Live video chat either 1 way or multiway. where you can see them through digital video on a pc, cellphone, using webcam or other video devices.
Alex and I were expressing our digital flesh
by shinj April 26, 2011
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Digital Flick

removing someone as your other half in a social networking site. Usually confirms the end of the relationship in the eyes of everyone else and leaves the floodgates open for potential suiters and that you're good to go.
Jimmy "did you hear Teresa gave Bill the digital flick"
Dave "thank fook, I hear she takes Wavin for Cavan, might try get me some of that"
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doing the digital

the act of inserting fingers or "digits" into the vagina, see fingering
i was doing the digital with your mom last night and i got 5 fingers in with room to spare!
by scotty deets September 2, 2008
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