Digital asset: Difference between revisions

From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson
(Mend link.)
(Layout.)
 
(6 intermediate revisions by 2 users not shown)
Line 16: Line 16:


Sometimes known as "new" digital assets.
Sometimes known as "new" digital assets.
:<span style="color:#4B0082">'''''Traditional assets & payments heading to similar accelerated settlement cycles and continual availability'''''</span>
:"All stakeholders in the digital asset domain must increase efforts to ensure potential market participants understand the nuances of digital assets.
:A sustained and targeted programme of activity would help treasurers become more comfortable with the real risks and opportunities.
:Treasurers should take advantage of any opportunities to learn from credible counterparties and sources of information, particularly because there are lessons available for traditional businesses.
:For example, digital assets settle T+0 on a 24-7 basis.
:Regardless of anyone’s opinion of digital assets, it is a reasonable assumption that traditional assets and payments are gradually heading to the same accelerated settlement cycles and continual availability."
:''Insights from the 2024 Digital Assets Survey - Naresh Aggarwal, Associate Director, Policy & Technical at the ACT and Nick Philpott, Co-Founder & Head of Partnerships at Zodia Markets by Standard Chartered.''




== See also ==
== See also ==
* [[24/7]]
* [[Alternative finance]]
* [[Alternative finance]]
* [[Assets]]
* [[Assets]]
Line 25: Line 41:
* [[Cambridge Centre for Alternative Finance]]
* [[Cambridge Centre for Alternative Finance]]
* [[Central bank digital currency]]
* [[Central bank digital currency]]
* [[Crypto-assets]]
* [[Cryptoassets]]
* [[Cryptocurrency]]
* [[Cryptocurrency]]
* [[Cryptography]]
* [[Cryptography]]
* [[Dematerialisation]]
* [[Dematerialisation]]
* [[Digital capital market]]
* [[Digital currency]]
* [[Digital currency]]
* [[Distributed ledger]]
* [[Distributed ledger]]
Line 34: Line 51:
* [[Information technology]]
* [[Information technology]]
* [[Law]]
* [[Law]]
* [[Money]]
* [[Natively digital asset]]
* [[Non-fungible token]]
* [[Non-fungible token]]
* [[Regulation]]
* [[Regulation]]
* [[Security]]
* [[Share]]
* [[T+0]]
* [[Token]]
* [[Token]]




==External link==
==Other resources==
 
*[https://www.treasurers.org/hub/blog/insights-digital-assets-survey-2024 Insights from the 2024 Digital Assets Survey - Naresh Aggarwal, Associate Director, Policy & Technical at the ACT and Nick Philpott, Co-Founder & Head of Partnerships at Zodia Markets by Standard Chartered]
*[https://www.treasurers.org/system/files/Digital_Assets_Survey_%202024.pdf Digital Assets Survey 2024 - ACT - Zodia Markets]
*[https://www.jbs.cam.ac.uk/wp-content/uploads/2020/10/2020-ccaf-legal-regulatory-considerations-report.pdf Legal and Regulatory Implications for Digital Assets - Cambridge Centre for Alternative Finance]
*[https://www.jbs.cam.ac.uk/wp-content/uploads/2020/10/2020-ccaf-legal-regulatory-considerations-report.pdf Legal and Regulatory Implications for Digital Assets - Cambridge Centre for Alternative Finance]


[[Category:Accounting,_tax_and_regulation]]
[[Category:Accounting,_tax_and_regulation]]
[[Category:Financial_products_and_markets]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Risk_reporting]]
[[Category:Risk_frameworks]]
[[Category:The_business_context]]
[[Category:The_business_context]]
[[Category:Accounting,_tax_and_regulation]]
[[Category:Financial_products_and_markets]]
[[Category:Identify_and_assess_risks]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Manage_risks]]
[[Category:Risk_reporting]]
[[Category:Risk_frameworks]]
[[Category:Risk_frameworks]]
[[Category:Risk_reporting]]
[[Category:The_business_context]]
[[Category:Financial_products_and_markets]]
[[Category:Technology]]

Latest revision as of 14:41, 29 May 2024

1. Assets - dematerialisation - information technology - crypto-assets.

Defined broadly, digital assets include any digital information associated with rights of use or ownership interests.

This can include dematerialised conventional assets, such as shares or other securities, and any other information held in an information technology system or other digital format, including crypto-assets in a distributed ledger.


2. Assets information technology - crypto-assets.

Any digital information associated with rights of use or ownership interests, but excluding dematerialised conventional assets.


3. Crypto-assets - distributed ledger.

Narrowly, crypto-assets in a distributed ledger.

Sometimes known as "new" digital assets.


Traditional assets & payments heading to similar accelerated settlement cycles and continual availability
"All stakeholders in the digital asset domain must increase efforts to ensure potential market participants understand the nuances of digital assets.
A sustained and targeted programme of activity would help treasurers become more comfortable with the real risks and opportunities.
Treasurers should take advantage of any opportunities to learn from credible counterparties and sources of information, particularly because there are lessons available for traditional businesses.
For example, digital assets settle T+0 on a 24-7 basis.
Regardless of anyone’s opinion of digital assets, it is a reasonable assumption that traditional assets and payments are gradually heading to the same accelerated settlement cycles and continual availability."
Insights from the 2024 Digital Assets Survey - Naresh Aggarwal, Associate Director, Policy & Technical at the ACT and Nick Philpott, Co-Founder & Head of Partnerships at Zodia Markets by Standard Chartered.


See also


Other resources