Account Bound Tokens Overview

📄️ What is Account Bound Token (ABT)?

Definition

📄️ Creator of Account Bound Token

Creator is the one who recognizes to the credentials of others and want to give them the digital identity tokens that represent the characteristics or achievements of the receivers.

📄️ Receiver of Account Bound Token

Receiver who will become the owner of the ABT once he decides to 'Equip' the ABT that was nominated for him. Account Bound Token is non-transferable so it cannot be transferred from one address to another. Instead, the owner of ABT can 'Un-equip' or 'Equip' the ABT anytime to keep it off-chaim or on-chain according to your will.