Digital Assets: An Insight
- IJLLR Journal
- Mar 2
- 2 min read
Abhi Shiri T, Christ (Deemed To Be University), Bangalore
ABSTRACT
This paper analyses how and why digital assets have emerged as a new and growing asset class, covering how these are affecting the global economy. Admits users to a more detailed exploration of various forms of digital property counting cryptocurrencies, NFTs, and tPDAs, permits emphasizing their distinctions concerning ownership, transfer, and value storage. Because of the decentralized nature of transactions in their usage, digital assets are disrupting the traditional sources of financial markets and diminishing the roles of conventional mediators.1
This goes further into the key challenges afflicting the digital assets among them being the fact that there are no clear standard rules in every country to govern these which makes uncertainty reign in its operation and complicated efforts by governments in regulating it. They outline focal risks, such as fraud, money laundering, and manipulation of the market, which are considered to be compromising for the digital asset industry.
The paper also assesses the technological structure of digital assets with particular concentration on the blockchain concept. This technology not only provides transparency and security in every transaction, but also has the possibility of changing the world in the field of finance, supply, and chain industry and system as well as the field of copyrights.
In the end, analyze the characteristics of the digital asset markets and digital assets management, noting its high volatility and growing activity of institutional investors, as well as general consequences for financial stability. The note that the application of digital assets faces certain challenges and a number of stellar points but the use of digital assets’ full-capacity can fully expand only through the development of the relevant legislation and improved technologies. Digital Asset Management (DAM) is the process of arranging, preserving, and shipping digital content such as images, videos, and documents within a centralized system. In these times of digitalization, DAM gives companies the best management approach by increasing discoverability through metadata and tagging.
