Password protect Toe Files

Is there a way to password protect toe file from even launching in TouchPlayer? And on top of that password protect it from being copied and pasted from one machine to another? We attempted to use AxCrypt software to encrypt the toe file, but it seems change the file type to .axx, which Touchdesigner can not fully open.

TD has a builtin solution to locking down access to a file. (TouchDesigner Pro | Derivative)
You can hook up your own way to lock a project from executing using python and i.E. the LicenseClass. Nothing to hard. (Someone was using a screen as a dongle, which I found a quirky but effective way.)