This document proposes a system for secure and efficient file sharing and shared ownership in cloud systems. It introduces the concept of shared ownership where multiple users can jointly own a file. For a file access request to be granted, approval is required from a predefined threshold of the file's owners. The system uses AES-128 encryption to encrypt files for security. It allows owners to share files and ownership with other authorized users, who can then read from and write to the shared file. This provides more flexibility than systems with only single user file ownership.