Bitcoin

<p>The extended use of blockchain technology has given birth to a new economy involving digital assets. Generally, digital assets are anything that is created and stored digitally but has a distinct value in the real world. The birth of digital assets has paved the way for the entry of new service providers and asset classes.</p><h2 id="header-0">Digital Assets Definition</h2><p>Data, written content, images, or any kind of digitally stored information can be considered a digital asset if it has value. It should also hold ownership rights and be able to transfer ownership. Digital poses significant benefits to investors, as it is decentralized and offers complete ownership to the users. The anonymity in transacting assets made it a preferable voice for investors who demand privacy in their financial activities. The tokenization of real-world assets fostered financial inclusivity and opened up many investment opportunities. Some popular examples of digital assets include cryptocurrencies, stablecoins, security tokens, and NFTs.</p><h2 id="header-1">A Brief History of Digital Assets</h2><p>Nick Szabo pioneered the digital asset economy by proposing the idea of ‘bit gold’ in 1998. His idea was to create a payment mechanism without the involvement of centralized authorities. However, his actions were not put forth. After a decade, Satoshi Nakamoto published a whitepaper outlining the mechanisms of Bitcoin and introduced blockchain to the world. Blockchain technology created space for securely storing and transacting digital assets.</p><p>Following the success story of Bitcoin, Litecoin, Ethereum, and many other crypto assets have ventured into the financial landscape. To the surprise of the market, the crypto market has evolved into a multibillion-dollar industry, and it has become the hot topic of the decade. Volatility became a concern, and then the stablecoins stepped into the space.</p><p><a href="https://cryptotale.org/evolution-of-the-digital-assets-driven-by-blockchain/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a></p><p><strong>Visit the links for more information </strong><a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|</p>

Evolution of The Digital Assets Driven by Blockchain

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