Digital Asset Network

Definition ∞ A Digital Asset Network refers to a distributed ledger system or blockchain infrastructure that facilitates the creation, transfer, and management of various digital assets. This network provides the foundational technology for cryptocurrencies, non-fungible tokens, and other tokenized representations of value. It ensures the security, integrity, and immutability of transactions through cryptographic principles and consensus mechanisms. Such networks are essential for the operation and expansion of the broader digital economy.
Context ∞ Discussions surrounding digital asset networks frequently involve their scalability solutions, interoperability between different chains, and security protocols. News often covers network upgrades, new layer-2 technologies, and cross-chain bridges designed to enhance transaction throughput and reduce costs. The competition among various networks to attract developers and users remains a key market dynamic. Regulatory bodies are also examining how to oversee these decentralized infrastructures to mitigate systemic risks and ensure compliance.