Blockchain Asset

Definition ∞ A blockchain asset is a digital representation of value or ownership recorded and secured on a distributed ledger technology. These assets possess unique cryptographic identifiers and can be transferred without intermediaries. They represent a wide array of items, from cryptocurrencies to tokenized real-world property.
Context ∞ Blockchain assets are central to digital economics, encompassing everything from Bitcoin and Ethereum to non-fungible tokens. News often covers their market performance, regulatory status, and technological advancements. Their increasing adoption challenges traditional asset definitions and financial market structures, driving discussions about future economic systems.