Using Digital Assets in Business

The digital currency will remain a cause of heated debate for a long time. Some claim that most blockchain of the projects and tokens are financial pyramids, third-generation MMMs and a high-grade casino. Others justified the future of decentralized economics from the perspective of science, law and technology. Still others have already implemented blockchain solutions in. states A striking example is the spring of 2020, when the government Marshall Islands decided to release SOL state cryptocurrencies , taking as a basis the blockchain platform. Algorand

Whether it is possible to call cryptocurrency a reliable means of preserving capital is definitely not. Volatility and legal uncertainty are all responsible.

A digital asset is an information resource derived from a right to value and circulating in a distributed registry in the form of a unique identifier. The main difference from cryptocurrency is legal security. In other words, each owner of a digital asset can dispose of as a real asset without the risk of depreciating it.

This shows the main difference between cryptocurrency and digital asset. The former has no security in the form of property or property rights. In addition, the turnover of digital assets occurs in accordance with the protocol.

Scope of use

Digital assets are used quite widely. Using them, you can:

• perform financial transactions;
• assess assets;
• invest;
• make secure transactions.

Verification of digital assets

Among the main test methods for determining the blockchain for compliance with the digital token asset are the Howie test, the MFSA test (regulator in Malta), the FINMA test (regulator in Switzerland), the Simcord DAT method [1]

The capabilities of digital assets have unlimited potential for application in a new economic environment. Some experts define the introduction of digital assets in various socio-economic areas as one of the most promising areas of the cryptocurrency world.