Change owner address
Change owner address is an operation to be made by a Smart Contract's owner when a new owner is desired.
The ChangeOwnerAddress functionality is specifically designed for use by current owners of a Smart Contract who wish to transfer ownership to a new party. This function is an essential tool for managing the control and administration of the Smart Contract, allowing for seamless transitions between owners which is crucial for maintaining the integrity and continuous operation of the contract.
When a Smart Contract owner decides to designate a new owner, activating this function facilitates the necessary update in ownership records. This capability ensures that the Smart Contract remains under responsible stewardship at all times, enabling effective and secure management of the contract's functionalities and associated assets.