Transfer Digital Passport
Introduction
The transfer feature enables the transfer of a digital passport from its owner wallet to a new owner's wallet.
Workflow
The transfer request is initiated by the new owner and can be executed only if this new owner can provide the right information, including the Arianee ID of the digital passport and a password. The passport is produced by the current owner.
Usually, the current owner generates a link to transfer the digital passport and share it with the new owner. The new owner uses the link to claim the digital passport ownership and execute the transfer transaction on the Blockchain.
Limitation
A transfer cannot be reversed once executed. However, if your brand is the issuer, you can recover the digital passport for a product return by its owner for example.
Fees
At the protocol level, the transfer feature is free. Free for the issuer of the digital passport, the current owner and the new one.
Extra fees may apply if the digital passport issuer outsources the transfer execution to a third party or uses an external software to initiate the transfer.
At the Blockchain level, the gas fees of a transfer transaction are paid by the Arianee protocol.
Interface
Builders
Arianee's digital passports can be created via the Arianee SDK or directly at the Blockchain level interacting with smart contracts. You can develop your interface to create and manage digital passports, outsource the development to a third party, or use an external platform such as the Arianee NFT Management Platform.
End-users
Ownership transfers can be operated through the Ownership Account web application to transfer to another wallet address.
Our team tips
Transfer a digital passport when the ownership of the relating product changes, examples:
- Product is sold from one to another.
- Product is given from one to another.
- The current owner decides to use another blockchain wallet to hold digital passports.
- The NFT should be transferred following a claim to an insurance in order to be compensated.
It is recommended to use a digital passport as custody for a selling transaction and transfer the NFT only once payment has been processed.
Updated about 2 months ago