Digital assets
Term · Insurance and risk management · MLC-T-INS-003625
Intangible assets that exist in digital form and are stored electronically, such as cryptocurrencies, non-fungible tokens (NFTs), domain names, and intellectual property like software or digital art. The insurance industry is developing new products to cover risks associated with these assets, including theft, cyberattacks, and valuation fluctuations. Their ownership and transfer are often recorded on distributed ledgers.
| Identifier | MLC-T-INS-003625 |
|---|---|
| Field | Insurance and risk management |
Record as JSON
{
"id": "MLC-T-INS-003625",
"term": "Digital assets",
"field": "Insurance and risk management",
"definition": "Intangible assets that exist in digital form and are stored electronically, such as cryptocurrencies, non-fungible tokens (NFTs), domain names, and intellectual property like software or digital art. The insurance industry is developing new products to cover risks associated with these assets, including theft, cyberattacks, and valuation fluctuations. Their ownership and transfer are often recorded on distributed ledgers.",
"url": "https://mlchart.com/terminology/insurance/digital-assets/"
}
Record 990 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.