Expect to come across this popular question in Blockchain developer interview questions.   Innovative asset lifecycle management helps organizations store and access data at any point. This incorporates the governance, issuance, maintenance, and withdrawal of smart assets from a system. This brilliant asset could take any shape and form, ranging from currency. Loyalty points to even transactional status.  Stages of the asset lifecycle include: Planning  Acquisition  Use  Maintenance  Disposal In the context of a Blockchain, this entire cycle can be done entirely on Blockchain without the use of an intermediary. Blockchains are designed in a way to take care of all the functions of an intelligent asset automatically without needing a middleman.