Name : Polymesh (POLYX)
POLYX Price : $0.39600 +0.96%
Consensus Mechanism : Nominated Proof of Stake
Volume: 41,330,455
Market Cap: 334,810,985
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Last Screening: Q4 2023
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Overview
Polymesh is an enterprise-grade blockchain designed exclusively for security tokens. With a focus on confidentiality, identity validation, governance, compliance, and asset tokenization, Polymesh addresses crucial regulatory elements. It standardizes asset compliance through identity primitives, enabling rule creation based on investor identity claims. Polymath, a key contributor, introduced The Security Token Standard (ERC-1400) on Ethereum, providing consistency in asset creation and handling. Tailored for regulated assets, Polymesh empowers enterprises to tokenize real-world assets, anticipating a prominent role in the rapidly growing global tokenization market. The platform's purpose-built nature ensures it meets the specific needs of regulated markets, emphasizing governance, identity, compliance, confidentiality, and settlement.
Whitepaper & Documents
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