Document Type : Research Article
Authors
1
PhD student, Department of Private Law, UAE Branch, Islamic Azad University, Dubai, United Arab Emirate
2
Associate Professor, Department of Law, Faculty of Azad University, Tehran North, Tehran, Iran
3
Assistant Professor, Department of Communications and media, Azad University, Tehran center, Tehran, Iran.
Abstract
In the virtual world, virtual assets are defined as specific software codes that
act like physical objects, personal assets of the real world, or part of reality,
and have similar qualities. Virtual assets must meet several conditions in
order to benefit from legal protection. These assets must not only have the
physical characteristics of real-world assets, but must also have other
intangible features that are indistinguishable from real assets. The ambiguity
about the concept of virtual assets is very similar to the ambiguity about the
concept of real estate. Since the word asset is used in different ways in law
and economics, such ambiguity is not unexpected. The common people see
property as the property of objects and things. Lawyers define property as
rights related to objects and issues. In addition to the different interpretations
of the concept of asset, the problem is that the law of the real world
emphasizes tangible assets (with a few exceptions), which is very evident in
Roman-German legal systems. Due to the focus on the tangible nature of
assets, lawyers seem to have completely neglected the discussion of virtual
assets. However, the conditionality of assets is not the only reason for this
neglect, there are exceptions, and the possibility of expanding the discussion
of virtual assets is a case that has received much attention in recent years. In
this article, we refer to the explanation of this category in an analytical
descriptive manner.
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