Polymath is a securities token issuance platform that aims to leverage blockchain technology to introduce compliant AML/KYC open-source standards. Through smart contract auditing, it assists users in completing complex legal processes for securities trading and efficiently creates and releases tokens. Polymath took the lead in creating the unified standard protocol ERC 1400 for security tokens on the Ethereum blockchain and has already deployed over 200 different tokens using Polymath's Ethereum-based solution. The protocol incorporates financial regulatory requirements to provide compliance assurance for token issuance.
Polymath has addressed the challenge of issuing security tokens on the blockchain through Polymesh. Polymesh is an institutional-grade blockchain specifically designed for regulated assets, making it the first dedicated chain of its kind. By addressing the inherent challenges of public infrastructure in identity, compliance, confidentiality, governance, and settlement, Polymath simplifies outdated processes and opens doors for new financial instruments.