User Guide

Getting Started

Orientation to Factory terms, workflows, and configuration

Key Terms & Concepts

The following are key terms in using the ComposerX Factory application.

RoleA Role is a defined set of rights (methods) that are available for a particular entity within the System; for example, depending on the use case, a Role could be an individual or an entity within an organization.
Role ContextA Role Context is a smart contract that bundles multiple role names to create an on-chain user directory by linking role names to wallet addresses. By adding a Role Context to a token, you can control the permissions and access for the token by individuals or entities within your organization.
Allow ListAn Allow List is a distribution list of whitelisted tokens. An issuer uses this functionality when using multiple distributors. An Allow List can be linked to multiple tokens, enabling asset transfers to addresses listed in the whitelist.
Master Allow ListA Master Allow List is an aggregate of selected Allow Lists. You can create multiple Master Allow Lists composed of overlapping Allow Lists depending on your compliance strategy.

See Glossary and Key Industry Terms for a list of digital assets industry terms.

Example Workflow

The following provides the steps in the end-to-end workflow for creating a Digital Money Market Fund Token, from creating a Controller Wallet to importing the Token in Capital Markets Platform.

See the Compliance Workflow diagram for a visual representation of the Revocable and Compliance Tokenization workflow.


Prerequisite steps completed outside ComposerX Factory:

  • 1

    ETH for gas fees must be topped up for future gas fees in Fireblocks

  • 2

    Set up wallets on Fireblocks Console and name them per the roles


Perform in Capital Markets Platform

  • 1

    Import Fireblocks-issued wallets



Perform in ComposerX Factory

  • 1

    Access ComposerX Factory from WalletConnect with the Controller Wallet

  • 2

    Create a Role Context

  • 3

    Create a Role

  • 4

    Add a Role to the Role Context

  • 5

    Assign a Role to a Wallet

  • 6

    Create the Token

    Review Token Strategies to ensure selection of the desired compliance rules for your token.

  • 7

    Create a Master Allow List

  • 8

    Add an Allow List to a Master Allow List

  • 9

    Add a Wallet to an Allow List

  • 10

    Add Master Allow List to the Token

  • 11

    Add Role Context to the Token

  • 12

    Assign Functions to the Role

    Examples of functions: mint, burn, pause, un-pause, clawback, and so on.


Perform in Capital Markets Platform

  • 1

    Import a Fund token on DTCC Capital Markets Platform, Issuer Profile

  • 2

    Assign Transfer Agent at Issuance

  • 3

    Transfer Agent accepts nomination to perform day-to-day transactions (mint, burn, etc.)

Connect to a Wallet

For the purposes of illustration, this guide assumes the use of a MetaMask or Fireblocks wallet.

Prerequisite information:

  • Ensure that you have a Fireblocks or MetaMask account with a functional wallet.
  • You must import an initial wallet into ComposerX Factory.
    • Once imported, this wallet serves as the Controller Wallet. It is the main wallet that owns all the Roles, Lists, and Tokens that you can create in the application for the management of digitized assets.

Steps to connect a wallet to serve as your Controller Wallet:

Info

The following steps assume that you are connecting through Fireblocks using the WalletConnect option. However, you can use any option and follow the provider's steps to connect the wallet.

  • 1

    Click the Connect button

    To connect a wallet; you need to select a wallet provider.


  • 2

    Select Fireblocks from WalletConnect pop up


  • 3

    Log into your Fireblocks account

    Follow the on-screen prompts to connect your wallet.


  • 4

    Link your Wallet

    Once the wallet is successfully linked, the wallet's address, key details, and balance display in the upper right. This wallet is now your Controller Wallet.



HL Besu Setup

When using ComposerX Factory for the first time, it may default to an Ethereum network or to testnet, such as Spolia. In this scenario, perform the following steps to connect your MetaMask:

  • 1

    Log into your wallet


  • 2

    Select 'Add Network' from the network dropdown

  • 3

    Enter the following network settings:


    Network Name

    Hyperledger Besu


    New RPC URL

    http://tnt-sec-shr-vm-eus-bsu01.regtoken.io:8545


    ChainID

    1337


    Currency Symbol

    Besu

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