Digital Asset

Both in the crypto and fintech world, a digital asset is the digital representation of something valuable. The digital asset can be tokenized that further represents ownership of the asset which is recorded and verified in the distributed ledger.

Digital assets can be cryptocurrencies, NFTs, and real-world assets stored in the blockchain in the form of a smart contract representing a value. Digital assets are often used as a medium of exchange or representing a real-world asset in digital form within a unique identification code.