Polymesh is an institutional-grade permissioned blockchain built specifically for regulated assets. It streamlines antiquated processes and opens the door to new financial instruments by solving challenges with public infrastructure around governance, identity, compliance, confidentiality, and settlement. POLYX is the native protocol token of Polymesh used to stake and secure the network, pay transaction fees, and engage in governance.

Polymesh integrates built-in financial primitives that enable users to operate the blockchain at minimal fixed costs. Additionally, it enables developers to create decentralized applications (dApps) on the platform. Polymesh also aims to effectively tackle critical concerns like rule enforcement, identity verification, regulatory compliance, data privacy and transaction finalization.

According to Polymesh's whitepaper, the project overcomes the flaws in Ethereum and other general-purpose blockchains that may impede the acceptance of security tokens by industries and institutions.


## Who Are the Founders of Polymesh?

The Polymesh Association's core team consists of Chris Housser (Head of Strategy), Adam Dossa (Head of Blockchain), Graeme Moore (Head of Tokenization), William Vaz-Jones (Head of Partnership Development), Robert Jakabosky (Head of Applied Blockchain Research), Francis O’Brien (Head of Developer Relations) and Nick Cafaro (Head of Product).


## What Makes Polymesh Unique?

Polymesh prioritizes regulated assets, leveraging its expertise in the ERC-1400 — a standard for security tokens proposed by Polymath — to strike a balance between global accessibility and regulatory compliance.

In Polymesh, actions on the blockchain are carried out through identities, which offer a more comprehensive and secure approach compared to the public key systems commonly seen in other blockchains. These identities possess universal permissions, granting authorized authorities access across the Polymesh network.

The architecture of the blockchain enables the transfer of security tokens to be securely recorded, eliminating the need for third-party verification of ownership information. This effectively bridges the information gap between token holders and issuers.

Polymesh also safeguards token holder privacy during voting processes while leveraging the transparency of the public blockchain for its ‘’Corporate Governance’’ feature. This dual approach reduces the risk of manipulation and ensures fair and tamper-proof voting.

Beyond security tokens, Polymesh also extends its support to stablecoins. These stablecoins, issued by authorized and well-capitalized third parties, can be pegged to various currencies. They facilitate cost-effective on-chain activities and efficient cash distributions.