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:

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: