Custom native assets on Cardano explained

In this talk from the Cardano 2020 Virtual Summit, I am explaining the design of the custom native asset functionality of Cardano (starting at 18:40min). This is based on the work published in the following two research papers at ISoLA 2020: UTXOma: UTXO with Multi-Asset Support and Native Custom Tokens in the Extended UTXO Model. Custom native assets are supported on the Cardano mainnet since the Mary hardfork that happened in March 2021.