The Assets are items of value owned by an individual or entity, which can be tangible (like cash, property, or equipment) or intangible (like patents, trademarks, or reputation). They can be further categorized as current (expected to be converted to cash within one year) or fixed/non-current (used for longer-term purposes). Assets are a fundamental part of financial statements, representing resources that can generate future economic benefits.
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Get the assets mug.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.
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