Source: POLYXUSD Chart by TradingView
Polymesh is a blockchain for regulated securities and open finance. It is an institutional-grade permissioned blockchain built specifically for regulated assets. It streamlines antiquated processes and opens the door to new financial instruments by solving challenges with public infrastructure around governance, identity, compliance, confidentiality, and settlement. POLYX is the native protocol token of Polymesh used to stake and secure the network, pay transaction fees, and engage in governance.
Charles Hoskinson of Cardano partners with Polymath to launch security token blockchain
Charles Hoskinson, the founder of Cardano and co-founder of Ethereum, is partnering with Polymath as the co-architect of “Polymesh”—a blockchain that aims to become “layer one” for security tokens, as first reported by Forbes contributor Rachel Wolfson at Consensus 2019.
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