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#5 Biggest Misconceptions About Authentic Digital Assets
#Introduction
An authentic digital asset, or "ADA" for short, is any asset in digital format, such as images, photographs, PDF files, animated GIFs, songs, videos, movies, e-books, with an embedded digital barcode and stored on a blockchain.
The digital barcode provides a globally unique file identifier and copyright protection tool, while the blockchain platform forces hosted digital assets to remain immutable, irreplaceable, irrevocable and available for validation at any time of the day.
The process of inserting a digital barcode into a digital asset is called "ADA creation".
The process of storing an authentic digital asset on the blockchain is called "ADA minting".
Here we will address some of the biggest misconceptions that prevent authentic digital assets from being properly understood and handled.
#An ADA is an abstract asset, it is neither physical nor virtual, in no case can we own it even if we buy it
This isn't true. On the contrary, an ADA can be very real, depending on how it is minted.
In order for a digital asset to be represented as an ADA, there must be some certificate of authenticity associated with it.
The question is, how do we connect this information to the digital asset we want to put up for sale? Because if we don't, the following will happen:
#Recommended articles
>> How To Create An Authentic Digital Asset And Put It Up For Sale On A Custom-Built Blockchain
>> The Cost And Complexity Of Creating An Authentic Digital Asset
>> Improve Performance By Achieving Long-Term Sustainability And Storing Large Amounts Of Data
>> Protect Authentic Digital Assets Against Piracy
>> Frequently Asked Questions About Authentic Digital Assets
>> 7 Steps To Take To Create/Mint An Authentic Digital Asset
#The cost of minting an ADA can significantly outweigh the profits
Not necessarily. In order to sell an ADA, we need a platform that utilizes blockchain technology and allows our potential customers to validate our ADA.
However, the truth is that most blockchains use inadequate mathematical methods to validate transactions, which unnecessarily burden the entire blockchain system and make it more complex and expensive than it should be.
On the other hand, appropriate software tools such as those provided by digital chip card technology will make the ADA minting process transparent and easy to follow, increase reliability and reduce costs.
#An ADA can be easily copied, pirated and illegally distributed
Those who believe - or hope - that this is possible are probably wondering, what if the ADA is an image, so I can download it by right-clicking and choosing "Save As..." or by taking a screenshot?
Or, what if the ADA is some piece of music, which I simply record while streaming it?
Actually, no, this is not possible - at least not with an ADA created using our software tools.
Each ADA has metadata, security tags, and even some other files (say, short videos or profile pictures) embedded in them, and they're all permanently stored there - provided the ADA is treated as a whole.
If we try to copy a part of an ADA or capture a moment (eg take a screenshot, record audio, etc.), the embedded data will disappear.
You would have some kind of video or audio stored on your device, but without the metadata that allows verification of the original digital asset, it no longer constitutes a true ADA.
It's just another file that resembles the ADA, but it's missing key information that would testify to its authenticity.
#The price at which an ADA is sold is always abnormally high
Not really. You can sell an ADA at any price. It is true that the prices of some ADAs are inflated, mainly for marketing purposes.
Sometimes the focus is on the author's work, and sometimes it's just to draw attention and profit from it.
#ADA sales can only be made through a cryptocurrency-enabled shopping platform
Not true at all. You can sell ADAs in any currency, be it fiat currency (eg US Dollar, Euro, Pound, etc.) or cryptocurrency (eg Bitcoin, Ethereum, etc.).
You don't have to use any specific shopping platform to sell an ADA, but you do need a platform that utilizes blockchain technology and allows potential customers to validate your ADA.
The ChatLiner app allows authentic digital assets to be tokenized and securely hosted on a custom blockchain network.
As a high-performance technology solution, blockchain is a safe haven for storing and sharing sensitive information and other data that requires authentication.
#Step into the future of creating authentic digital assets
#DCCT Network is a blockchain system with up to three devices connected to a common peer-to-peer (P2P) computer network.
Designed to host authentic digital assets, it is able to verify data in a way that is completely free from external scrutiny or influence.
Transactions over the network are carried out by exchanging electronic messages in the form of digital telegrams.
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