Digital Native Note

Definition ∞ Digital Native Note refers to a financial instrument that exists purely in digital form from its creation. Unlike digitized versions of physical assets, a digital native note originates and operates solely within a digital environment. These instruments leverage blockchain technology for issuance, transfer, and record-keeping. They represent a new class of digital securities or tokenized assets.
Context ∞ The concept of a digital native note is central to the evolution of digital securities and the tokenization of real-world assets. News frequently discusses pilot programs and regulatory frameworks for issuing such notes, particularly by financial institutions exploring blockchain for capital markets. The debate surrounds the legal recognition and operational standards for these new digital financial instruments.