Assets

When it comes to a blockchain the things that are transacted between individuals or organizations are called digital assets. An asset can be a financial product. One of the most well-known blockchain assets are a type of digital currency (also known as tokens), and sometimes they represent stakes in a particular project or company. Cryptocurrency tokens exist conceptually as entries on a ledger (a blockchain). These tokens belong to you because you own a key that lets you create a new entry on the ledger and transfer the ownership to someone else. A token is not something you actually store on your computer; you store the keys that let you transfer the quantity.

Between organizations, assets more commonly include financial and legal contracts, digital twins of physical objects, records of ownership, and business documents (insurance policies, birth certificates, and so forth).