9 Types of Blockchain Digital Assets Explained (with Examples)

Clear and concise explanations for the blockchain curious.

Image created by the author using 10015.io (original tweet).

Money is a means to exchange value. It has come a long way from shells and clay tablets to the complex financial system we have today. But coins, bills, and bank balances aren’t money’s final form — enter blockchain digital assets.

Digital assets are intangible, electronically stored files or information with economic value. Examples include cryptocurrencies, software, domain names, social media accounts, website content, and digital photos.

Blockchain digital assets are a specific subset of digital assets that are built on blockchain technology. In this context, blockchain serves as a transparent and tamper-resistant system for tracking ownership and transactions.

Here, you’ll learn about the nine main types of blockchain digital assets as well as their uses, benefits, and most well-known examples.

1. Cryptocurrencies

Cryptocurrencies are digital or virtual currencies that use cryptography for security. Unlike traditional currencies issued by governments, cryptocurrencies operate on blockchain.

You can buy, sell, and trade cryptocurrencies securely, as transactions are recorded…