2 Credential Preparation for Token Issuance and Transfer

2.1 Registrar specifying the requirement of the BOND token

Here Registrar of BOND specifies the credential requirement, i.e. what credentials are needed in order to issue or hold the BOND tokens.

Actor	Utility Module
Registrar	REGISTRY

2.2 Registrar offers credential of token issuer and holder to Issuer

Registrar (of BOND) offers a free credential to Issuer (as an issuer and a holder of BOND).

Actor	Utility Module
Registrar	CREDENTIAL

2.3 Registrar offers credential of token holder to Investor1

Registrar (of BOND) offers a free credential to Investor1 (as a holder of BOND).

Actor	Utility Module
Registrar	CREDENTIAL

2.4 Issuer accepts credential offers

Actor	Utility Module
Issuer	CREDENTIAL

2.5 Investor1 accepts credential offer

Investor1 accepts the credential offer.

Actor	Utility Module
Investor1	CREDENTIAL

Congratulations! All credentials are ready. It is time for the token issuance and transfer.