By: Geeq on Sep 14, 2022
When digital assets are minted as unique tokens with Geeq’s (deed + description) structure, the entire chain of custody is secure throughout the asset’s life cycle.
Users may verify any portion of the asset transfers by tracing the deed from account to account. They also may verify the digital asset record (description) itself, which is preserved in the data ledger.
Iterations on this architecture expanded the set of transactions for digital assets to allow:
- owners to append descriptions to their assets, creating a history over time
- requirements for a counterparty signature before transfer of the asset, to ensure the acknowledgement of responsibilities before a transfer is made
- curated or collaborative “stacks” of assets to be bundled in a sequence and traded as a single asset.
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