This seminar paper examines and defines digital assets and builds a taxonomy that categorizes these assets.
Therefore, it also explains, besides digital assets, belonging terms such as blockchain and tokenization. Through all the characteristics that arise, it can classify the objects within dimensions by using the Nickerson method. It describes in detail all required steps that are needed in seven iterations.
To present the result more clearly, a cluster analysis is performed. The final taxonomy grants users’ access to reliable and meaningful data, to categorize digital assets themselves, or to gather desired information. In addition, the paper compares the taxonomy with another one to show possible strengths and defects.
Inhaltsverzeichnis (Table of Contents)
- Introduction
- Digital Assets
- Foreword
- Definition
- Method
- Application of the research method. Taxonomy for finance based digital assets.
- Finance
- Technology
- Governance
- Application of the Taxonomy
- Discussion
- Conclusion
- References
Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)
This seminar paper aims to define digital assets and develop a taxonomy to categorize them. It explores the concepts of blockchain and tokenization in relation to digital assets. The paper uses the Nickerson method to classify digital assets into different dimensions, outlining the necessary steps involved in the process. It presents a cluster analysis to visually represent the resulting taxonomy. The paper aims to provide users with a reliable and meaningful tool for classifying digital assets and gathering information. It also compares the developed taxonomy with existing ones to identify potential strengths and weaknesses.
- Definition and taxonomy of digital assets
- Role of blockchain and tokenization
- Application of the Nickerson method for classification
- Cluster analysis for visual representation
- Comparison of the developed taxonomy with existing ones
Zusammenfassung der Kapitel (Chapter Summaries)
- Introduction: This chapter introduces the concept of digital assets and their growing significance in a world of increasing digitization. It highlights the need for a taxonomy to categorize these assets and discusses the role of blockchain technology in facilitating their management and transaction security. It emphasizes the importance of understanding the similarities and differences between digital assets to effectively manage and utilize them.
- Digital Assets: This chapter defines digital assets, emphasizing their significance in the digital economy. It delves into the rise of crypto assets and their potential as an investment class, highlighting the rapid growth of the cryptocurrency market. It explores the emergence of new business models related to digital assets, such as initial coin offerings (ICOs) and the increasing support from institutions for trading digital assets.
- Method: This chapter outlines the methodology employed for creating the taxonomy of digital assets. It explains the choice of the Nickerson method and the rationale behind using a cluster analysis for visualization.
- Application of the research method. Taxonomy for finance based digital assets.: This chapter discusses the application of the research method to develop a taxonomy specifically for finance-based digital assets. It explores the different dimensions involved, including finance, technology, and governance. The chapter details the iterative process of refining the taxonomy and provides insights into the final taxonomy.
- Discussion: This chapter explores the implications of the developed taxonomy and its strengths and weaknesses. It analyzes the practical applications of the taxonomy and its potential impact on the field of digital asset management.
Schlüsselwörter (Keywords)
This seminar paper focuses on the key concepts of digital assets, blockchain, tokenization, taxonomy, Nickerson method, cluster analysis, and finance-based digital assets. These terms are crucial for understanding the evolving landscape of digital assets and the need for robust classification systems to manage and utilize these assets effectively.
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- Robert Bansimer (Autor), 2021, A Taxonomy of Digital Assets, Múnich, GRIN Verlag, https://www.grin.com/document/1318795