What is a blockchain digital collection? What is the value?

In the specific application of blockchain, digital collections occupy a large proportion. So what is a blockchain digital collection? What is the value?

What is a blockchain digital collection? What is the value?
Digital collection

1. What is a blockchain digital collection?

The Credible Blockchain Promotion Plan points out that blockchain digital collections are digital works, works of art and commodities that use blockchain technology to confirm the ownership of rights and interests through unique identification, and can mark their owners in the blockchain network, and Subsequent transfers are traceable, including but not limited to digital pictures, music, videos, electronic tickets, digital souvenirs and other forms. Blockchain-based digital collections are generated and issued based on alliance blockchain technology, and can only be owned by blockchain users who have passed real-name authentication and are uniquely identified non-homogeneous digital commodities.

Second, the characteristics of blockchain digital collection

Blockchain-based digital collections are unique, indivisible, non-tamperable, verifiable, >Scarcity and other technical characteristics:

1. Unique: Each digital collection has a unique identifier on a specific chain, which can represent an asset object in the digital or real world.

2. Indivisible: Each digital collection is itself indivisible and can represent a specific digital collection.

3. Immutable: Based on the immutable characteristics of the blockchain, the attributes of the digital collection itself, ownership information, historical transaction records and other information are stored in a tamper-resistant chain data structure.

4. Verifiable: The information on the blockchain is open and transparent, and all users can query and verify the ownership information of digital collections.

5. Scarcity: In the Internet age, the threshold for information duplication is low, and its value is difficult to be recognized. The blockchain digital collection is unique, has clear ownership, can be stored permanently, and is scarce, which makes the digital collection based on the blockchain have a stronger premium ability.

3. Digital collection platform

Typical areas of blockchain digital collections include art collection digital collections, music digital collections, game digital collections, Sports Digital Collection, Ticket Digital Collection, etc.

For traditional digital collections, they can only be authenticated by designated institutions, which is costly; in terms of channels, offline auctions and sales by art brokerage agencies are the main channels, with limited trading channels and audiences; in addition, it is also difficult to discover the value of digital collections. Through blockchain technology, digital or physical digital collections can be made into “blockchain digital collections”, which can be issued in limited quantities to enhance the value transfer, value discovery and value storage capabilities of digital collections.

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