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About Polymath Network
Introduction to Polymath Network: Revolutionizing the Stock Market with Blockchain Technology
The Polymath Network is a game-changing stock trading platform that seamlessly integrates blockchain technology into the stock market. By leveraging smart contracts, it enables companies to issue their own shares, providing a hassle-free, efficient, and cost-effective way to participate in the securities market and seek investment based on existing assets.
With a core focus on becoming the open-source standard for Anti-Money Laundering (AML) and Know Your Customer (KYC) compliance in stock issuance, Polymath Network aims to ensure that every institution participating in the financial markets operates in alignment with mandatory regulatory requirements.
Addressing the Challenges: How Polymath Network Solutions Tackle Key Issues
Polymath Network tackles two critical challenges head-on:
- The inherent flaws and lack of user protection and legal compliance in Initial Coin Offerings (ICOs).
- The complex nature of Security Token Offerings (STOs), especially for startups and small to medium-sized businesses.
Seamless Problem-Solving: Polymath Network's All-Inclusive Approach
Polymath Network has developed a comprehensive platform specially designed to tackle these challenges. It offers the opportunity for projects to launch their STOs on the platform, even if they lack expertise in Ethereum smart contracts.
The platform operates through four distinct layers:
- Layer 1: Ethereum Blockchain Network for enhanced security and reliability.
- Layer 2: ST-20 protocol, forming the core architecture of Polymath for seamless token issuance and management.
- Layer 3: Polymath Token Studio, enabling easy customization and token creation for specific use cases.
- Layer 4: Marketplace for facilitating liquidity and trading of ST20 tokens.
Developers have the flexibility to tailor the platform to suit their specific requirements, such as choosing between dividend models or voting rights.
Unveiling the Key Features of Polymath Network
Creating a security token on the Polymath platform involves a streamlined four-layer process, which encompasses the following essential components:
- Protocol layer: This layer ensures compliance with relevant laws and regulations by employing Ethereum smart contracts to handle initial KYC/AML compliance.
- Application layer: By utilizing this layer, companies can create stock tokens within minutes and receive step-by-step guidance throughout the token creation process.
- Legal layer: The legal layer provides companies with access to robust legal tools, enabling them to navigate and ensure full compliance with regulatory requirements.
- Trading layer: Facilitating liquidity, the trading layer allows for seamless ST20 trading, leveraging the native standard in Polymath.
Exploring the Future Ahead: Roadmap of Polymath Network
To gain in-depth insights into the future plans and developments of the Polymath Network, please visit the official Polymath Network website.