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Polymath (POLY)

ICO

Last updated: Dec 11, 2019

Polymath enables trillions of dollars of securities to migrate to the blockchain.

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Overview

Project industry	Blockchain Infrastructure
Product type	Platform
Founded	Barbados
Whitepaper	Open

What is Polymath

The Polymath platform lowers the barriers for businesses and issuers of financial products to launch securities tokens on the blockchain. By introducing a simple marketplace for securities issuances and secondary trading, the Polymath platform can help bridge the gap between traditional securities and blockchain-based asset ownership and investment opportunities.

Polymath presents an open protocol for issuing and trading security tokens, and ultimately helps usher a complex, global, regulatory landscape onto the Ethereum block-chain. This lowers the barrier to entry and can help spur economic growth and opportunities to more people and in more places than ever before.

With the multi-trillion dollar securities industry coming to the blockchain, the Polymath platform allows individuals and companies to participate in valuable blockchain-based asset ownership and investment opportunities.

The Polymath platform opens up the blockchain to legally compliant securities offerings with a network of services designed to lower associated transaction costs.

At a high level, Polymath:

Provides a decentralized protocol for trading securities tokens.

Enables individuals to authenticate their identity, residency, and accreditation status to participate in a wide pool of security token offerings (STOs).

Allows legal delegates to bid on new issuances to ensure offerings are done in a regulatory compliant manner.

Allows issuance of new security tokens by matching issuers with developers, who can translate their Security Offering parameters into secure code that generates ERC20 compatible tokens.