What are examples of digital assets?
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Digital assets encompass a wide range of online, digital formats that can generate income, provide ownership, or serve unique functions. Examples include:
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Cryptocurrencies: Like Bitcoin, used for secure online transactions and representing the ownership of an asset in a digital form. It enables transactions in environments with high threats of hacking while maintaining trust 1.
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Digital Music Rights: A digital asset could be a music track where someone buys the rights and earns a portion of the residuals whenever the track is played or used commercially 2.
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Non-Fungible Tokens (NFTs): These represent ownership of unique digital items and can range from digital art to music, and more. They could evolve to have broader uses, such as in digital communities and economies, particularly in gaming 3.
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Digital Contracts and Keys: These are essential for online security, serving as verified agreements and access controls in the digital space.
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Digital Stocks and Bonds: Representing ownership and investment in digital form, which can be traded and managed online.
These assets are characterized by their existence in digital formats, making them accessible globally and often secured by technologies like blockchain, enhancing their security and utility in diverse applications.
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