Polymesh is an institutional-grade permissioned blockchain built for regulated assets. It simplifies outdated processes and opens the door to new financial instruments by solving public infrastructure challenges around governance, identity, compliance, confidentiality, and settlement. POLYX is Polymesh's native protocol token, which is used to stake and secure the network, pay transaction fees, and participate in governance.
Polymesh integrates built-in financial primitives, allowing users to operate blockchains with minimal fixed costs. In addition, it enables developers to create decentralized applications (dApps) on the platform. Polymesh also aims to effectively solve key issues such as rule enforcement, identity verification, regulatory compliance, data privacy, and transaction completion
According to Polymesh's white paper, the project overcomes the flaws in Ethereum and other general-purpose blockchains that may hinder industry and institutional acceptance of security tokens.
