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# Not All Digital Assets Use Blockchain

**[Coins Bench](https://daily.dev/sources/coinsbench)** · 4 min read · 0 upvotes · 0 comments

## Summary

Digital assets are a broad legal and economic category that includes cryptocurrencies, stablecoins, tokenized securities, and NFTs, but they are not inherently tied to blockchain technology. Some distributed ledger systems, such as Hedera Hashgraph, use Directed Acyclic Graph (DAG) architectures instead of a traditional block-and-chain structure. The piece argues that regulation should be technology-neutral, focusing on the economic function and risks of an activity rather than the specific infrastructure used, warning that laws defined narrowly around blockchain risk creating gaps as new architectures emerge.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://coinsbench.com/not-all-digital-assets-use-blockchain-7ffb91b73338>

## Questions this post answers

### Do all digital assets use blockchain technology?

No. Digital assets are a broad category covering cryptocurrencies, stablecoins, tokenized securities, tokenized real-world assets, NFTs, and other digitally recorded rights, and blockchain is only one technology used to create or manage them. Some distributed ledger systems, like Hedera Hashgraph, use Directed Acyclic Graph (DAG) architectures with hashgraph consensus instead of a traditional block-and-chain structure.

_Developers building on non-blockchain DLTs like Hedera track how regulation and terminology evolve via daily.dev._

### What is technology neutrality in digital asset regulation?

Technology neutrality is a principle that regulation should focus on the function and risks of an activity rather than mandate a specific underlying technology like blockchain. This prevents legal gaps when a new architecture, such as DAG-based distributed ledgers, performs the same economic function without using blockchain, and avoids tying laws to terminology that changes faster than legislation can adapt.

_Engineers and legal teams weighing crypto compliance risk follow policy shifts like this on daily.dev._

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