Xooa's Asset Management Smart Contract allows non-blockchain developers to put distributed ledger technology to use for this popular use case. With this template, organizations can quickly and easily deploy blockchain apps built on Hyperledger Fabric that provide the APIs to create, destroy, update, and transfer assets between identities. The immutability of blockchain makes it impossible to modify the history of transfers or updates and guarantees its append-only nature.

Xooa's Asset Management Smart Contract runs on top of consortiums hosted on the Azure Blockchain Service, adding features that make smart contract deployment easier and faster without requiring a deep understanding of blockchain or extensive DevOps efforts to create a robust build-test-deploy environment that runs entirely on the cloud or hybrid. This enables organizations to shorten time-to-app and quickly develop Proof of Concept prototypes that can serve as the basis for enterprise production deployment. For production-ready deployments, Xooa's middleware is already baked-in, shifting the concern of API endpoints, queueing, and scalable asynchronous processing from the developer to Xooa. This means better performance, added scalability, and more reliability when Xooa operates on top of the Azure Blockchain Service.

With every Asset Management app deployed, Xooa offers several valuable supplementary features:

• Low-code forms that allow users to utilize a simple UI for data entry to their blockchain ledger
• Dashboards that allow users to visualize their data in the form of charts and tables
• Mutable/Immutable metadata for asset characteristics that change (e.g. owner) and characteristics that don't change (e.g. registration number)
• Geo-Location token tracing services that track assets on a map
• Divisibility of assets that enable non-fungible primary assets to be fractionalized into fungible units (e.g. ownership in a real estate unit)