CIOReview Names Polymath Among 10 Most Promising Blockchain Solutions Providers in Canada

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Posted by Vince Kadar
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Read the original article here: https://www.cioreview.com/polymath

Polymath: Financial Liquidity with a Full-Service Tokenization Platform

Many private ecosystems in capital markets are turning to security tokens to raise capital. However, adopting this technology can be challenging, as brand identity and confidentiality, hallmarks of the business, are relatively difficult to implement on a traditional blockchain.

To solve this problem, Polymath (a leading Toronto software provider) along with its purpose-built layer-one blockchain technology, Polymesh, allows issuers and investors an accessible interface to create, manage and build their investment offerings and portfolios in a seamless, easy-to-use way. No longer does the asset owner need to be a technology guru, or require a long list of access points, to create offers, understand yields, solicit investors, and check in on investments. Polymath’s full-stack institutional-grade platform, the Polymath Capital Platform, bridges the gap for investors of all sizes, from companies that have the capabilities to run their own issuances to large broker-dealers, banks, or traditional exchanges that want to integrate into their front-office/back-office systems.

“Polymath offers a fully integrated solution, taking care of most of the heavy lifting and letting issuers take the reins of an optimized platform from the get-go,” says Vince Kadar, CEO of Polymath.

The Polymesh blockchain is a purpose-built public-permissioned blockchain optimized for capital markets and their associated regulations. The Polymath Capital Platform was designed specifically for securitized asset investment and allows clients to tokenize traditional stocks, bonds, debt, commodities, etc. as well as various realworld assets, such as real estate or art, and start an offering in relatively quick and easy steps. It provides well-regulated security for all transactions along the chain and a complete end-to-end platform.

All node operators in the Polymesh blockchain need to be regulated entities to affect the chain. All users and businesses looking to make investments on the chain or raise capital must go through a KYB or KYC process to verify their identity before they are allowed to make any transactions through a unified payment interface. Additionally, approved key documents with digital signatures can be saved right inside the platform for business continuity. These steps ensure that there are no rogue actors in the environment and allow issuers and investors to be confident in using the platform for investing their funds.

The asset owner’s journey starts with digitizing their assets into a token, setting up their issuances and offerings, and inviting investors to participate in their tokens. The platform also features full investor management functionality that asset owners can utilize to ensure investors comply with regulations, provide updates on their offerings at regular intervals as well as conduct a variety of payment options in and out of the system.

Investors set up an account with a multi-party computation (MPC) wallet to self-custody any of the various tokens available on the platform. A secondary marketplace offers ample opportunity for investors to sell their initial investments and provide some form of liquidity.

Of the many success stories that came into being through the use of Polymath’s early technology, two highlights are RedSwan and Marketlend. Both companies took an early leap of faith and were able to efficiently raise capital to fuel their individual businesses. RedSwan tokenized over $2.5 billion dollars of real-world real estate assets, while Marketlend utilized the technology to build a lending fund to aid small-scale enterprises with their capital requirements.

Polymath’s goal is to be the security token operating system powering the capital markets of the future, and it has made long strides in this regard with its Polymesh blockchain and eponymous platform. It provides a unique service by allowing private securities to start an offering on a highly secure platform without worrying about the IT aspect, positioning itself as one of the world’s most highly valued blockchain developers.

GUIDE

Security Token Custody: The Challenges and Opportunities

Security tokens come with a unique set of requirements. While they’re intended to bring efficiency and automation to capital markets, digital asset custodians often face scalability and efficiency issues when handling them on public blockchains.

This guide dives deep into the challenges surrounding security token custody and how a purpose-built blockchain can overcome them.

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