POLYX/EUR - Polymesh/Euro

About Polymesh

Polymesh is an institutional-grade permissioned blockchain created specifically for regulated assets. It streamlines outdated processes and opens the door to new financial instruments by solving public infrastructure challenges around governance, identity, compliance, confidentiality and settlement. POLYX is Polymesh's native protocol token used for betting and securing the network, paying transaction fees and participating in governance. Polymesh integrates financial primitives that allow users to operate the blockchain with minimal fixed costs. In addition, it allows developers to create decentralised applications (dApps) on the platform. Polymesh also aims to effectively address critical issues such as standards enforcement, identity verification, regulatory compliance, data privacy and transaction completion. According to the Polymesh white paper, the project overcomes the shortcomings of Ethereum and other general-purpose blockchains that can impede the acceptance of security tokens by industries and institutions.