What is Polymath?
The live Polymath price today is $0.824844 USD with a 24-hour trading volume of $280,852,014 USD. The main aim of polymath is to make the legal and technical challenges experienced from conducting a token launch easier. It is a securities token platform designed to act as an interface between financial securities and the blockchain.
Polymath provides technology to create, issue, and manage security tokens on the blockchain. Polymath spearheaded the creation of a unified standard for security tokens on Ethereum, ERC 1400, and over 200 tokens have been deployed using Polymath’s Ethereum-based solution. Recognizing that existing blockchains were insufficient to meet regulatory requirements of capital markets, Polymath built Polymesh, an institutional-grade blockchain built specifically for regulated assets. Polymath streamlines antiquated processes and opens the door to new financial instruments by solving the inherent challenges with public infrastructure around identity, compliance, confidentiality, governance, and settlement.
Incredible features of Polymath
Security tokens represent a tremendous market opportunity, but there are significant barriers standing in the way of institutional adoption. POLY addresses these barriers with Polymesh, an institutional-grade blockchain built for security tokens and the first specialized chain of this nature. The foundations of Polymesh are focused on providing through key design principles the most crucial elements that issuers and investors need, and that institutions and regulators require: identity, compliance, confidentiality, and governance. When put together, these four pillars also support more complex operations, such as settlement. When it comes to creating and managing digital securities, Polymesh’s specificity gives it, and the applications built on it, a distinct advantage over general-purpose blockchains. The purpose-built infrastructure addresses the gaps in standard blockchain architecture to align the functioning of the blockchain with the requirements of modern capital markets. By combining Polymesh’s deep functionality with user-friendly tools, Polymath stands to transform capital markets.
Safe and secure markets to deal in POLY
Incredibly famous and secure markets to visit for POLY coin are Famous markets to visit for the Hive coin is Binance, Mandala Exchange, Huobi Global, Upbit, and Coinbase Exchange. You can find others listed on our crypto exchanges page.