Open Source TODA files - Decentralized transfer of control

The TODA open source javascript implementation has a Command Line Interface tool (search 'todajs' on NPM) that allows for low level creation, updating, verification and transfer of TODA files.

The video shows how TODA files can be created locally with strong ownership control, and transfer of control and transactions of assets are truly P2P with a very efficient network load. In order to complete the integrity proofs and transfer of control, The sender will transmit a couple of cryptographic hashes through the TODA distributed graph architecture and receive a couple of cryptographic hashes back which is integrated into the internal cryptographic structure of the TODA file to complete its integrity proofs. The receiver can verify the TODA file it receives entirely locally, this action does not require network effort. Additionally the receiver as the new owner can verify control of the TODA file asset

For all effective purposes, TODA files replicate how physical cash and goods transactions work and eliminate well over 95% of the processing and third party fees to settle transactions. Because the computation and messaging effort is all on the Edge using the systems and devices of the transacting counter parties, and because any type of asset can be expressed as a TODA file; there is really no limit to how large this can scale.

This video is for functionality and demonstration purposes only!

The CLI tool is for low level developer shell operations only. Application developers (and, certainly, users) should never deal with raw TODA cryptographic structures in this manner.

Applications are built out of higher level constructs, using provided libraries and APIs. This simple video demonstrates creating assets which do not have significant application components: all asset payloads/cargo remain up to the application developer to create and assess.