# Ownables SDK

<figure><img src="https://4048573506-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-LB0RTB-jl8RVmWX9aeE-887967055%2Fuploads%2FbB7klECixpwrBXrgvdpf%2Fsdk_header_2.png?alt=media&#x26;token=91fab721-d64f-459f-b343-185d5d0e64aa" alt=""><figcaption></figcaption></figure>

Ownables are CosmWasm smart contracts that define ownership. Instead of running on a blockchain node, Ownables run directly in a wallet using the LTO Network [private layer](https://docs.ltonetwork.com/protocol/private).

Looking into [CosmWasm](https://cosmwasm.com/) smart contracts and [WebAssembly](https://webassembly.org/) is a great idea to grasp the fundamentals upon which Ownables are designed.

{% embed url="<https://youtu.be/O18Ra3vkhUM>" %}

{% content-ref url="ownables-sdk/prerequisites" %}
[prerequisites](https://docs.ltonetwork.com/ownables/ownables-sdk/prerequisites)
{% endcontent-ref %}

{% content-ref url="ownables-sdk/setup" %}
[setup](https://docs.ltonetwork.com/ownables/ownables-sdk/setup)
{% endcontent-ref %}