Polymath – POLY

Polymath Info
Today Price 0.273442$
ATH Price Percentage Change To Now -83.009536587293%
ATH Date 2018-02-20T00:00:00.000Z
ATL (ALL TIME LOW) 0.01100606$
ATL Price Percentage Change To Now 2357.34%
ATL Date 2020-03-13T02:22:30.088Z
Market Cap 244037834$
Total Volume 151713104$
High 24h 0.282857$
Low 24h 0.252831$
Price Change Percentage in 7 Day 40.43628%
Price Change Percentage in 30 Day 45.8247%
Price Change Percentage in 60 Day 26.93397%
Price Change Percentage in 200 Day -29.9478%
Price Change Percentage in a Year -51.98593%

Polymath is the Number 138 Cryptocurrency in the World.
The 0.273442 symbol is poly and Market Cap is 244037834 Dollars.
poly ATH Was 1.59 at 2018-02-20T00:00:00.000Z and ATL was 0.01100606 at 2020-03-13T02:22:30.088Z.
In the last 24h, poly high was 0.282857$ And the low was 0.252831$

Polymath provides technology to create, issue, and manage security tokens on the blockchain. Over 200 security tokens have been deployed using their Ethereum-based solution and they are now in the midst of launching Polymesh, an institutional-grade blockchain built specifically for regulated assets. Polymath streamlines antiquated processes and opens the door to new financial instruments by solving the inherent challenges with public infrastructure around identity, compliance, confidentiality, and governance.

Recognizing that the industry lacked security-specific standards, Polymath spearheaded the creation of a unified standard for security tokens on Ethereum, ERC 1400. ERC 1400 acts as an umbrella of standards and is designed to address some of the challenges in managing security tokens by enabling the ability to conserve UBO rights for custodied assets, and automate transfer control (including KYC verification) and corporate actions (including capital distribution or voting).

Polymath has brought forward many advanced innovations that address regulatory and market needs head-on. They have built a series of tools on the chain that offer non-technical users an intuitive means to access the chain’s functionality, and are also in the midst of launching Polymesh, an institutional-grade blockchain built for security tokens and the first specialized chain of this nature. Security tokens have the ability to alter the financial landscape, unlocking trillions of dollars in asset value and investment, programmably automating operations, and driving new paths to liquidity – but there are significant barriers standing in the way of institutional adoption. The foundations of Polymesh are focused on the most crucial regulatory elements addressed by four key design principles meant to meet the demands of regulators and institutions. Those four principles are Identity, Compliance, Confidentiality, and Governance. When put together, these four pillars can also support complex operations, such as settlement.

When it comes to creating and managing digital securities, Polymesh’s specificity gives it, and the applications built on it, a distinct advantage over those leveraging general-purpose blockchains. The purpose-built infrastructure addresses the gaps in standard blockchain architecture to align the functioning of the blockchain with the requirements of modern capital markets. By combining Polymesh’s deep functionality with user-friendly tools, Polymath stands to transform capital markets.

All transactions on the Polymath platform take place using the native POLY token. POLY is the utility token that fuels Polymath Token Studio on Ethereum and is used by issuers creating and managing security tokens on the platform.

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