What does Digital Assets mean? Read on to discover the definition & meaning of the term Digital Assets - to help you better understand the language used in insurance policies.
A digital asset is digitally stored content or an online account owned by an individual or business. Digital content includes individual files such as images, photos, videos, and text files. It also includes other digital content (perhaps as data in a database). These assets are stored either on a device owned by an individual "locally", or on devices accessed via the Internet "in the cloud", often as part of a service offered by a third party and governed by a contact with the individual or business.
We hope the you have a better understanding of the meaning of Digital Assets.