What Is Polymesh (POLYX)?
What is Polymesh and its purpose?
Polymesh (POLYX) is a blockchain platform specifically designed for regulated financial assets, offering institutional-grade security and compliance features. It aims to streamline the issuance and management of security tokens and other real-world assets on the blockchain while adhering to regulatory requirements.
Why is Polymesh called the "Regulated Blockchain for Institutions"?
Polymesh is built with institutional needs in mind, integrating identity verification, governance controls, and compliance tools to meet strict financial regulations. This makes it a preferred choice for enterprises and institutions dealing with securities and other regulated assets.
How does POLYX ensure security and compliance?
POLYX, the native token of Polymesh, operates within a framework that enforces Know Your Customer (KYC) and Anti-Money Laundering (AML) checks. The blockchain's architecture includes features like on-chain identity, governance, and smart contract controls to maintain a secure and compliant environment for asset tokenization.