Traditionally, commodities are things you can hold in your hand, like gold, oil, or wheat. But the digital world has created a new kind of commodity: digital commodities. These are valuable things that exist electronically, not physically.
There are a few different types of digital commodities, but some common examples include:
Computing power: The ability of a computer to process information. Businesses and individuals can rent computing power from cloud providers.
Storage space: The amount of data that can be stored on a server or other digital device.
Digital assets: This could include things like cryptocurrency, NFTs, or even digital collectibles.
Digital commodities are becoming increasingly important as our world becomes more reliant on technology.