Skip to main content

Freezing Asset Rich

Being wealthy enough to have the US government freeze your assets
I don't want to be just rich. I want to be freezing asset rich
by johnself April 28, 2014
mugGet the Freezing Asset Rich mug.

packet asses

A bunch of people or (group of people) being a bunch of asswholes
Those guys were being a bunch of packet asses.
by Welchling July 19, 2015
mugGet the packet asses mug.

District Assessment

A test to see if your teacher is doing her job and thats why they usually take it for a grade, to make sure you don't guess on it.
We will have a district assessment tomorrow!
by 'GoodLifeStudios' December 14, 2016
mugGet the District Assessment mug.

hair assessment

A hair assessment is when one makes a snap judgement about a person based upon their haircut
Two girls making a hair assessment of someone's hair cut:
Girl 1: "Did you see Johnny got a ceasar cut?"

Girl 2: "Yeah, total fuckboy cut."
by PitchATent96 December 30, 2017
mugGet the hair assessment mug.

Ankles & Asses

So overworked that you don't know if you're standing up or sitting down.
Gee Amber Lee, I'm so tired from my shift at the malt shop that I'm all ankles & asses over here.
by Lucky The Painproof Man November 13, 2018
mugGet the Ankles & Asses mug.

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.
mugGet the Digital asset mug.

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 under consideration and is characterized by four components: economic, legal, information, value.

1. Economic component 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. Information on a value presented in a digital form 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 by the “value” component. 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.
Therefore, a digital asset is a set of digital (binary) data that are autonomous, uniquely identifiable and have a certain value.
mugGet the Digital asset mug.

Share this definition

Sign in to vote

We'll email you a link to sign in instantly.

Or

Check your email

We sent a link to

Open your email