both wii u's would have to be hacked with full iosu support. isou could probably be used to emulate a wii u usb partition. a folder will be the mount point for the fake wii u formatted partition.
it should be able to do something simimlar to say wii ware simulated nand. its not encrypted and can be used on any hacked Wii. Since the wii u would be running fully on a custom iosu then it wont need encryption. it could even fake out the wii u's normal usb/system storage app. Then it no longer matters what wii u its on since its not encrypted. It wont be useable on a not hacked wii u
it should be able to do something simimlar to say wii ware simulated nand. its not encrypted and can be used on any hacked Wii. Since the wii u would be running fully on a custom iosu then it wont need encryption. it could even fake out the wii u's normal usb/system storage app. Then it no longer matters what wii u its on since its not encrypted. It wont be useable on a not hacked wii u