Digital Asset Management (dam)
Introduction
A digital asset management system, also known by the acronym DAMS (from the English ''Digital Asset Management System''), is a system (software and hardware) that is responsible for storing, managing, organizing, processing and distributing digital assets.[1] Its objective is to simplify the management of digital assets and make it easier for authorized users to search for and recover the asset they need. The value of the managed asset is realized only if it is accessible by authorized users at the time they need it.[2].
These types of systems provide disintermediation between digital asset issuers, application developers and consumers. They also decouple tasks related to asset management, such as issuance, transaction processing, securitization of user funds and establishment of user identities.[3].
The term digital asset management system includes many types of systems, from an individual's digital file libraries or a photographer's photo database to solutions that look like an enterprise content manager.[4].
It is common for these systems to associate metadata with each digital asset to, for example, describe the asset itself, indicate who has ownership, categorize, etc.[5].
Tasks
Within the tasks included in the management of digital assets we can have processes related to:[4][5].
Applications
Examples of application of this type of systems:[3].
Architectures
There are three common implementation models:[7].
Leveraging the blockchain
Blockchain technology is especially useful for these types of systems because they act as ledgers for assets and take advantage of the security properties of blockchains: Impossibility of forgery, immutability, disintermediation, easy transfer, transparency, ease of auditing, no overhead related to transaction processing, and network effect produced by having a unified infrastructure for multiple types of tokens.[3].