### What is Polymesh?

Polymesh is an institutional-grade permissioned blockchain specifically designed for regulated assets. It aims to streamline traditional processes by addressing challenges related to governance, identity, compliance, confidentiality, and settlement, opening the door to new financial instruments.

### How does Polymesh work?

Polymesh is built on the Substrate framework as a public permissioned blockchain. It uses a Nominated Proof-of-Stake (NPoS) consensus mechanism, ensuring deterministic finality that is crucial for regulated markets. The blockchain emphasizes compliance and confidentiality through verified identities for network participation and uses innovative cryptographic techniques for data protection. It supports smart contracts written in Ink Smart Contract language, enabling complex asset management and compliance automation.

### What are the potential use cases for Polymesh?

Polymesh offers several use cases, including:
- Tokenization and fractional ownership of real-world assets such as real estate and commodities.
- Secondary market trading and increased liquidity for traditionally illiquid assets.
- Custodial and settlement services ensuring compliance.
- Issuance of equity tokens and debt instruments.
- Real estate tokenization and fund management.

### What is the history of Polymesh?

Polymesh originated from Polymath, a company that initially worked on standardizing security tokens on Ethereum. Its development involved creating the ERC-1400 standard and eventually led to launching its own permissioned blockchain, Polymesh, in October 2021. The Polymesh Association, a not-for-profit entity, oversees its growth and evolution. Polymesh continues to enhance its presence in regulated markets through partnerships and technological advancements.

Polymesh

Deposits and withdrawals are not currently available for this coin.

Important Notice

Ethereum

Cardano

Avalanche

Hedera

Polkadot

APTOS

Near Protocol

Internet Computer

Mantle

Ethereum Classic

Bittensor

Cronos

ATOM

Kaspa

Celestia

Sonic (ex-FTM)

Polygon

Arbitrum

Optimism

Polymesh (POLY)

Similar Coins

ETH

ADA

AVAX

HBAR

SUI

DOT

APT

NEAR

ICP

MNT

ETC

TAO

CRO

ATOM

KAS

TIA

S

POL

ARB

OP

Resources

Polymesh (POLY) Price Index

Polymesh Price

Trading volume

Market cap

Resources