Method and system for transferring software and hardware feature licenses between devices

A method comprising:

• receiving a request to transfer a license for a service feature from a first electronic device to a second electronic device, wherein the request is configured to identify the first electronic device, the second electronic device, and a description of the license to be transferred;
• and
• generating a license transfer certificate in response to the request, wherein the license transfer certificate includes license removal information configured to remove the license from the first electronic device and includes license addition information configured to add the license to the second electronic device.

A tangible, non-transitory, computer-readable media having software instructions thereon, the software instructions, when executed by a processor on a device in a computer network, operable to:

• receive a request to transfer a license for a service feature from a first electronic device to a second electronic device, wherein the request is configured to identify the first electronic device, the second electronic device, and a description of the license to be transferred;
• and
• generate a license transfer certificate in response to the request, wherein the license transfer certificate includes license removal information configured to remove the license from the first electronic device and includes license addition information configured to add the license to the second electronic device.