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Crypto-asset

暗号資産 ／ crypto-asset　—　Institutions

An electronic asset issued by a system that is neither a state nor a bank, which records transfers through computation.

South Korea — Han River Revisited / The Nine Banks
A scene for the related term “Stablecoin” — South Korea　Han River Revisited ／ The Nine Banks

Unlike deposits or electronic money, it is not a liability of any party. Price movements are large, and transactions cannot be cancelled once sent. ⚠ NOMISMA does not discuss future prices. We only study the system and its unchanging principles.