Introduction
This tutorial details the steps to force transfer
a tokenized instrument from Investor1
to Issuer
using the Credential and Registry utilities.
Contrary to a regular transfer
where both Investor1
and Investor2
have to approve, in a force transfer
, provided Investor1
granted an enforcement service
to the Registrar
, the Issuer
can initiate a force transfer
from Investor1
. And if the Registrar
approves the request, then the instrument is transfered to Issuer
without requiring the approval from Investor1
.
Instrument
The tokenized instrument transfered is called BOND.
Roles
Assumptions:
All entities are already onboarded for the roles below. See Issuing Tokenized Instruments if this is not the case.
Roles in Tokenization Utility |
Entity |
Roles in Asset BOND |
---|---|---|
Registrar (onboarded by Provider) |
Registrar |
|
Issuer (onboarded by Provider) |
Issuer |
Issuer of BOND, Holder of BOND |
Investor1 (onboarded by Provider) |
Investor1 |
Holder of BOND |
Credential Design
Assumptions:
All entities already have the credentials defined in Issuing Tokenized Instruments.