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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:
  • We will sell an "empty" digital asset and declare it an ADA; in addition, we will have to (reluctantly) store the ADA certificate of authenticity elsewhere (where applicable);
  • Or, we can declare the ADA certificate of authenticity an ADA and sell it as such, while the digital asset itself will be set aside, or not offered at all. In other words, we will sell an ADA which customers do not buy, but only obtain a license to use under certain conditions, so that license is considered the "commodity" that customers actually buy.
None of the above solutions are sustainable and will not attract customers. On the other hand, if we can get the related files and information into the digital asset in a way that doesn't disrupt the original file structure, while still being available on request for inspection, we've hit the jackpot.
Anyone who purchases a digital asset with a certificate of authenticity permanently inscribed in it can claim to have purchased an authentic digital asset (eg a real photo, animated GIF, music, video, etc.). This in no way prejudices the buyer's right to own the ADA (unless otherwise specified by the seller), nor in any way infringes the copyright of the owner of the ADA.
#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 tokens, 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.
#Step into the future of creating authentic digital assets
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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 (ADAs), DCCT Network is capable of validating data based on information independent of external sources.
#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 capable of validating data based on information independent of external sources. Transactions over the network are carried out by exchanging electronic messages in the form of digital telegrams.