Secure ownership

At the conclusion of each auction, ownership transfer is handled automatically through smart contracts. These self-executing contracts are deployed on the blockchain and operate without the need for intermediaries or manual oversight.

When a winning bid is confirmed, the bidder’s payment is held securely within the smart contract. The contract waits until the corresponding asset has been validated and transferred to the buyer. Only once all conditions are fully met does the contract release the funds to the seller and record the change of ownership directly on the blockchain.

This process offers multiple layers of security:

• Funds are never released until asset delivery is confirmed

• Ownership transfers are recorded on a public, tamper-proof ledger

• All transactions are verifiable, traceable, and irreversible

Because everything is handled on-chain, there is no opportunity for double-spending or for fraudulent claims of ownership. Buyers can trust that once an auction ends and the transaction is complete, their ownership is guaranteed and transparently recorded.