Question About Flex-Ledger proposal

Hi.
when I see the Flex-ledger proposal at https://w3c.github.io/flex-ledger/

the cryptographic ledger states are shown at
https://w3c.github.io/flex-ledger/diagrams/basic-ledger.svg

it has 7 events.
could you give me with real-world example
each events reflect what kind of activities when we think Bitcoin
Blockchain?

best regards
mountie


-- 
Mountie Lee

PayGate -- Payment & Money Remittance Service

Tel : +82 2 2140 2700
E-Mail : mountie@paygate.net