A digital asset is anything that exists only in digital form and comes with a distinct usage right, or distinct permission for use. Data that do not possess that right are not considered assets. Digital assets include but are not exclusive to: digital documents, audible content, motion picture, and other relevant digital data that are currently in circulation or are, or will be stored on digital appliances such as: personal computers, laptops, portable media players, tablets, data storage devices, telecommunication devices, and any apparatuses which are, or will be in existence once technology progresses to accommodate for the conception of new modalities which would be able to carry digital assets; notwithstanding the proprietorship of the physical device onto which the digital asset is located. Types of digital assets include, but are not exclusive to: software, photography, logos, illustrations, animations, audiovisual media, presentations, spreadsheets, digital paintings, word documents, electronic mails, websites, and a multitude of other digital formats and their respective metadata. The number of different types of digital assets is exponentially increasing due to the rising number of devices that leverages these assets, such as smartphones, which are conduits for digital media. New digital assets, including certain types of cryptocurrency and Non-fungible tokens, are created everyday. In Intel's presentation at the company's "Intel Developer Forum 2013", they named several new types of digital assets related to medicine, education, voting, friendships, conversations and reputation amongst others. A digital asset management (DAM) system represents an intertwined structure incorporating both software and hardware and/or other services in order to manage, store, ingest, organise and retrieve digital assets. Digital asset management systems allow users to find and use content when they need it. Metadata is data about other data. Any structured information that defines a specification of any form of data is referred to as metadata.

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