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 around governance, identity, compliance, confidentiality, and settlement.
Regulated markets require identity, compliance, confidentiality, and deterministic finality. Yet most existing blockchains were built for pseudonymity, censorship resistance, and transparency, and rely on probabilistic settlement.
Polymesh was built to incorporate governance, identity, compliance, confidentiality, and deterministic finality into the chain’s core.
Polymesh is a public, permissioned blockchain that requires all participants– whether issuers, investors, node operators or stakers– to first become verified with a customer due diligence provider.
On Polymesh, anyone can run a regular node or check the upholding of network rules and public state secured by the blockchain. However, not everyone can run nodes that author new blocks or vote on block finality– only specific entities, called node operators, can.
POLYX is the native protocol token for Polymesh and the blockchain’s fuel. It enables the creation and management of security tokens, drives POLYX holder participation through governance, and secures the chain through staking.
POLYX is classified as a utility token under Swiss laws, based on guidance from the Swiss financial regulator FINMA.
