Cash-generating unit and Non-fungible token: Difference between pages

Latest revision as of 14:45, 16 December 2021

Crypto-assets.

(NFT).

A non-fungible token is a digital token - stored on a blockchain - that certifies a digital asset to be unique.

The best-known, and most expensive, NFTs have related to works of art.

The difference between an NFT and a cryptocurrency is that units of the cryptocurrency are fungible (interchangeable) and each of equal value.

NFTs are - by definition - unique and not interchangeable.

Accordingly, each NFT can have a different value.

@@ Line 1: / Line 1: @@
-''IAS 36 - impairment of assets''
+''Crypto-assets.''
-(CGU).
+(NFT).
-The CGU is the smallest identifiable group of assets that generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.
+A non-fungible token is a digital token - stored on a blockchain - that certifies a digital asset to be unique.
+The best-known, and most expensive, NFTs have related to works of art.
-==See also==
-* [[Cash flow]]
+The difference between an NFT and a cryptocurrency is that units of the cryptocurrency are fungible (interchangeable) and each of equal value.
-*[[IAS 36]]
-*[[Impairment]]
+NFTs are - by definition - unique and not interchangeable.
-*[[Strategic business unit]]
+Accordingly, each NFT can have a different value.
+== See also ==
+* [[Bitcoin]]
+* [[Blockchain]]
+* [[Central bank digital currency]]
+* [[Crypto-assets]]
+* [[Cryptocurrency]]
+* [[Cryptography]]
+* [[Currency]]
+* [[Digital asset]]
+* [[Digital currency]]
+* [[Distributed ledger]]
+* [[Fungible]]
+* [[Intangible assets]]
+* [[Money]]
+* [[Tangible asset]]
+* [[Token]]
 [[Category:Accounting,_tax_and_regulation]]
-[[Category:Compliance_and_audit]]
+[[Category:The_business_context]]
-[[Category:Cash_management]]
+[[Category:Investment]]
+[[Category:Identify_and_assess_risks]]
+[[Category:Manage_risks]]
+[[Category:Risk_frameworks]]
+[[Category:Risk_reporting]]