Understanding the Transfer Asset Node

In this quick tutorial, we will cover Understanding the Transfer Asset Node. Here, you will learn about the Transfer Asset Node and how it’s used in Catenis Flow.

In this video we will cover:

• How this node works and what it allows you to do
• How to transfer one Catenis Smart Asset from one virtual device to another
• How to enter your unique name instead of the device ID (If unique name was set)
• Importing an example flow into your Node-RED workspace
• Replacing the JSON object device ID and asset ID in with your own IDs

Prerequisite

• A Free Catenis Development account or Production account
• Node-RED installed on either a local or cloud environment
• Catenis Flow Pallet installed on Node-RED
• A Catenis Virtual Device configured on Node-RED
• Basic understanding of how to use Node-RED
• Basic understanding of the list owned assets node in interactive mode

After watching Understanding the Transfer Asset Node, feel free to watch the next video, Working with the Transfer Asset Node, to further expand your knowledge.

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Links from this video for easy access:

• Working with the List Owned Assets Node in Interactive Mode: https://blockchainofthings.com/tutorials/work-with-list-owned-assets-node-IM
• Transfer Asset Node Documentation on our website: https://blockchainofthings.com/transfer-asset-node
• How to Configure a Virtual Device: https://blockchainofthings.com/tutorials/configure-virtual-device
• Working with the Transfer Asset Node: https://blockchainofthings.com/tutorials/work-with-transfer-asset-node

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[Music]

Hi, this is Claire for Blockchain of Things.

In this Tutorial, you will learn about the
Transfer Asset Node and how it’s used in Catenis Flow.

The Transfer Asset Node allows you to transfer any specified smart assets also known as tokens,

from your Virtual Device that is holding smart assets,

to any other Virtual Device that allows permission for you to transfer assets to.

Name the node using the name field,

and set a Catenis Virtual Device in the connection field.

Enter the ID of the asset you will transfer into the asset ID field.

Enter the device ID of the device that will receive the assets you are sending into the receiving device ID field.

If you have associated a unique name to your device in your Catenis Administrative Interface,

and you prefer to use the unique name, instead of a device ID,

tick off the box in the product unique ID field and enter the unique name you call your device.

in the receiving device ID field, instead of the device ID.

Now, let’s take a look at the example flow found at this link:

Copy the example flow.

Click the Node-RED hamburger menu, and click import to display the import flow dialog box.

Paste the flow into the import box, and click the import button.

This flow is a working example implementing the Transfer Asset Node.

Note, that after importing the example flow,

you will need to set the Catenis Flow Nodes to your own previously configured Virtual Device.

Before you can use the example JSON object, you will need to replace the JSON object device ID and asset ID with your own ID’s.

You can pause this tutorial now, to explore this flow on your own,

and in the next video, you’ll learn how to create this flow from scratch.

Great!

After watching this tutorial, you should understand Transfer Asset Node.

In our next tutorial, you’ll learn how to use the Transfer Asset Node to build your own flow.

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