What is Polymath?
Hi. I have heard that Polymath is something like ethereum. Could someone brighten my head and explain why?
Hi. I have heard that Polymath is something like ethereum. Could someone brighten my head and explain why?
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Polymath is a company that created an Ethereum-based platform for implementing and investing in STO tokens. What are STO tokens was previously discussed in another question. The Polymath standard for STO tokens is aimed at verifying the necessary information and ensuring compliance with the regulations required by regulators and linking them with smart contracts. For these purposes, Polymath has created a new standard of ST20 tokens, which enforces full compliance of authorized investors with their wallet addresses in the Ethereum network. The POLY token itself is mainly used for payments on the platform itself, which makes it easier for STO issuers, investors and developers to conclude contracts and transactions faster. The Polymath user dashboard is automatically integrated with various law firms. However, the issuer of STO has the option of using its own law firm. The main features of the Poly platform itself are:
* Confidentiality focuses on the privacy of assets, transactions and positions.
* An identity where there is a KYC / AML approved blockchain where you can always confirm that participants are who they say they are.
* Management that has built-in blockchain control and keeps resources running, avoiding duplication or forks.
* Cross of jurisdiction that connects cross-border regulations to ensure proper execution of trades and ensure continued liquidity.
* Compliance is programmable and automated controls through a smart contract.
Polymath is a company that created an Ethereum-based platform for implementing and investing in STO tokens. What are STO tokens was previously discussed in another question. The Polymath standard for STO tokens is aimed at verifying the necessary information and ensuring compliance with the regulations required by regulators and linking them with smart contracts. For these purposes, Polymath has created a new standard of ST20 tokens, which enforces full compliance of authorized investors with their wallet addresses in the Ethereum network. The POLY token itself is mainly used for payments on the platform itself, which makes it easier for STO issuers, investors and developers to conclude contracts and transactions faster. The Polymath user dashboard is automatically integrated with various law firms. However, the issuer of STO has the option of using its own law firm. The main features of the Poly platform itself are:
* Confidentiality focuses on the privacy of assets, transactions and positions.
* An identity where there is a KYC / AML approved blockchain where you can always confirm that participants are who they say they are.
* Management that has built-in blockchain control and keeps resources running, avoiding duplication or forks.
* Cross of jurisdiction that connects cross-border regulations to ensure proper execution of trades and ensure continued liquidity.
* Compliance is programmable and automated controls through a smart contract.
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