Digital Ownership Model

Definition ∞ A digital ownership model defines how rights and control over digital assets are established, verified, and transferred. This model often utilizes blockchain technology to provide verifiable proof of possession and provenance. It allows for unique, immutable identification of digital items.
Context ∞ The digital ownership model is a central concept driving innovation in non-fungible tokens and the broader digital asset space. Debates frequently involve the scope of these rights, intellectual property implications, and the legal recognition of digital assets. Future developments will likely involve greater standardization and clearer regulatory frameworks for digital property.