Digital Asset

What is a digital asset?

Digital Asset Definition: Any time that data is stored digitally, including cryptocurrencies, coins, and NFTs, is considered a digital asset, as they are not physically tangible. They are considered an asset as they possess monetary value and include a variety of items outside of the cryptocurrency exchange, such as data, including confidential or sensitive information, videos, images, and written content in the form of books, movies, and other goods.

Since the invention of blockchains, any item stored digitally, including the tokenization on a blockchain, is considered a digital asset.

Comparewise Crypto Banner 728X90

Other Crypto Terms:

ReviewsBrandsCoins
Coinmama Review
Coinberry Review
Exodus Review
Gemini Review
Shakepay Review
HoneyBricks
Uphold
ZenGo
OKX
MyBTC.ca
XRP
BUSD
Solana
Cardano
Polkadot

comparewise

Didn’t find the information you were looking for?

Send us your questions and we will get back to you.

Car loan?
Personal Loan?

Top deals await you just a short
application away!