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Ownership Transfer

Arcana allows dApp users to upload, share file based data on Arcana storage. Users can also transfer ownership of a file to another user, even if user is on a different blockchain. This is referred to as 'ownership transfer'.

Once a file ownership is transferred successfully, the original owner can no longer access the previously owned file. Arcana manages the file metadata updates and blockchain record updates through smart contracts

For example, an NFT asset ownership can be transferred from one user to another and that file access updated accordingly. After a successful transfer or 'sale' the same NFT file can only be accessed by the new purchaser or user. They can choose to share / revoke access to shared file without involving the original owner at all.