Learning digital asset characteristics and operational features, and staying current on the latest regulations and best practices, can help you understand how to work with digital assets. Digital assets have unique features, characteristics and regulatory considerations that set them apart from traditional financial assets. Understanding these intricacies is essential for accounting and finance professionals hoping to work with digital assets, whether by advising clients on personal investments or auditing entities with digital assets. Breaking down digital asset fundamentals You’ll cover the fundamental characteristics of digital assets and how they differ from other financial assets, including: - Transferability - Liquidity - Divisibility - Accessibility - Volatility - Programmability - Diversification potential You’ll also examine the features and properties of different types of digital assets, including: - Digital assets as a store of value, such as bitcoin and ether - Digital assets as a means of value transfer, such as stablecoins and wrapped tokens - Digital assets that represent ownership, such as NFTs and tokenized real estate Protecting digital assets Safeguarding and storing digital assets is more complicated than for other assets. You’ll learn about key areas like: - Cold and hot storage - Private key management - Hardware, software, paper, and cloud wallets - Custodial and noncustodial storage solutions - Storage risks - Succession of digital assets *This course is part of the Blockchain and Digital Assets Fundamentals Certificate.* Who Will Benefit - Accounting and finance professionals - Accountants - Auditors - Tax professionals - Personal financial planners Key Topics - Digital assets - Bitcoin - NFTs - Stablecoins - Digital asset wallets - Tokenized real estate Learning Objectives - Recall what digital assets are. - Recognize the key elements of digital assets within the context of blockchain applications. - Recognize the distinct features and properties inherent to digital assets. - Identify the perceived advantages and potential value propositions of integrating digital assets into financial portfolios. - Recognize the specific risks and challenges associated with the adoption and management of digital assets. - Identify the security protocols and best practices for securing digital assets.