Digital assets of bank which used now days

Presentation

1. Priya Paijwar PG23JMG896

2. What is a Digital Asset? A digital asset is anything that is created and stored digitally, is identifiable and discoverable, and has or provides value. This broad definition encompasses a wide range of items, from photos, documents, and videos to more complex forms such as cryptocurrencies and tokenized assets. Digital assets have become increasingly important as technology integrates more into our personal and professional lives. They can be assigned a value—monetary or intangible. Some digital items might only be valuable to the creator or one person, such as a family picture on your phone taken at a gathering. Others could be valuable to a much wider audience.

3. Types of Digital Assets There are many different types of digital assets. Traditional forms include photos, documents, videos, books, audio/music, animations, illustrations, manuscripts, emails and email accounts, logos, metadata, content, and gaming accounts.

Newer digital assets are based on blockchain or similar technologies. These include non-fungible tokens (NFTs), cryptocurrencies, tokens, crypto assets, tokenized assets, security tokens, and central bank digital currencies.

4. Cryptocurrency is also a form of digital asset based on a network that is distributed across a large number of computers.

5. Importance of Digital Assets Digital assets have become an integral part of our lives. We turn to digitally hosted information for learning, store our photos and important documents in digital form, and even use digital assets like cryptocurrencies for transactions. Businesses and governments also store and manage data and information, all of which have different values depending on how they can be used. Thank you