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What is an example of a digital asset?A.Football game ticketsB.A laptop computerC.Video game virtual currencyD.A famous paintingSUBMITarrow_backPREVIOUS

Question

What is an example of a digital asset?

A. Football game tickets
B. A laptop computer
C. Video game virtual currency
D. A famous painting


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Solution

An example of a digital asset is C. Video game virtual currency. This is because a digital asset refers to any text or media that is formatted into a binary source and includes the right to use it. Digital assets include but are not exclusive to: digital documents, audible content, motion picture, and other relevant digital data that are currently in circulation or are, or will be stored on digital appliances such as: personal computers, laptops, portable media players, tablets, storage devices, telecommunication devices, and any and all apparatuses which are, or will be in existence once technology progresses to accommodate for the future. A digital asset is anything that exists in a binary format and comes with the right to use. Data that do not possess that right are not considered assets. Digital assets include but are not exclusive to: digital documents, audible content, motion picture, and other relevant digital data that are currently in circulation or are to be stored on digital appliances.

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