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.
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.
by Kud Aleksandr Aleksandrovich June 5, 2019
Get the Digital assetmug. You should go to bush once or twice a month to avoid depression. Don't forget to take some assets with you.
by Fwoop Markin February 1, 2023
Get the assetsmug. When the continuation of depreciating a long term tangible asset at a diminishing value becomes unprofitable or purposeless, so the company decides to dispose of the asset at a stipulated cost which is below book value resulting in a loss which is then offsetted against the companies profits. A transaction of this nature is usually made when the asset becomes dormant and ineffective, even though it may well still be in the beginning of its life expectancy. The disposing of as asset is also written off the Balance Sheet as a long term investment and making way for a more effective and valuable long term asset.
If there is capital to be made on disposing of an asset, then both parties agree to a value where under the table cash transactions are made (off the books) and a much lower value is agreed upon (on the books) which is then recorded as a loss and offsetted against the companies net profit.
If there is capital to be made on disposing of an asset, then both parties agree to a value where under the table cash transactions are made (off the books) and a much lower value is agreed upon (on the books) which is then recorded as a loss and offsetted against the companies net profit.
Rupert Murdoch: "I got rid of Alex!" James sighed, "I thought he was an asset, turns out he was nothing but a liability"
Alan Bond: "What do you mean you got rid of him, hope you didn't kill him"
Rupert Murdoch: "Nah, there's no gain from killing him, I sold him to the opposition and i made a profit"
Alan Bond: "Ahhhh, now I can see how Wendi Deng has asianized you"
Rupert Murdoch: "What do you mean by that?"
Alan Bond: "Nothing!, you know hoe Asians are carnivorous when it comes to money, it looks like it's rubbing off on you"
Rupert Murdoch: " Yep, learn Alan, disposing of an asset requires a lot of foot work if you know what I mean".
Alan Bond: "What do you mean you got rid of him, hope you didn't kill him"
Rupert Murdoch: "Nah, there's no gain from killing him, I sold him to the opposition and i made a profit"
Alan Bond: "Ahhhh, now I can see how Wendi Deng has asianized you"
Rupert Murdoch: "What do you mean by that?"
Alan Bond: "Nothing!, you know hoe Asians are carnivorous when it comes to money, it looks like it's rubbing off on you"
Rupert Murdoch: " Yep, learn Alan, disposing of an asset requires a lot of foot work if you know what I mean".
by A=L+P January 19, 2018
Get the Disposing of an assetmug. Johnson has a substantial downreaching capital asset which he intends to extend to emerging cock markets.
by RichardPoenisWeiner September 22, 2022
Get the Downreaching Capital Assetmug. 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.
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.
by Kud Aleksandr Aleksandrovich June 11, 2019
Get the Digital assetmug. by QuacksO December 30, 2023
Get the lickquid assetsmug. Gigi : Quick gun murugan is Most Liable Asset (MLA)😅.
Legend: Oh! So you are saying that he has Negative-Worth💰.
Legend: Oh! So you are saying that he has Negative-Worth💰.
by Umgaoda July 26, 2022
Get the Most Liable Asset (MLA)mug.