Proof of Transfer

Proof of Transfer (PoT) is a method used in blockchain systems to verify that an asset—like a token or coin—has been successfully transferred from one person to another. Instead of proving ownership through a private key, PoT demonstrates that the transfer occurred and was recorded on the blockchain. It provides a secure, transparent way to confirm a transaction's validity without requiring the details of the involved parties. This helps ensure trust and integrity in digital asset exchanges by making transaction histories clear and tamper-proof.