Time for Indian securities markets to embrace the digital asset era
India’s best minds are talking about transforming securities markets by embracing digital assets. In simple words, digital asset means assets in digital format. To further decode the concept: Ownership of any valuable asset that is tangible (such as a stock, bond, cash, real estate) or intangible (such as carbon credits) can be represented in a computerized or digital format. This transformation is enabled by signaling that uses software codes to convert ownership rights into digital signals. These records are stored and managed through blockchain technology or distributed ledger technology (DLT) where ownership records are kept securely.
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