What is a digital asset?

• A. Digital Files - users are granted a licence to use the asset but do not have ownership rights themselves
• B. Physical assets owned by the company
• C. Software licenses contractually transfer ownership
• D. Data stored on local hardware only

Answer: (A)

A digital asset is a digital file that has value for an organization and is managed as an asset. In practice, you typically get a license to use the asset rather than owning it outright, which is why digital files understood with licensing and no ownership fit best. This reflects the common situation where someone else holds ownership or the rights holder, and you’re granted permission to use the asset under terms. The other options don’t capture this idea: physical assets aren’t digital; software licenses usually provide usage rights rather than full ownership; and data stored on local hardware is about where it’s kept, not what the asset itself represents.