Polymath with the support of Charles Hoskinson creates a corporate platform for the release of security tokens

Polymath cryptocurrency project together with Cardano co-founder and Ethereum Charles Hoskinson are developing Polymesh blockchain for the release of security tokens. This was announced by Polymath co-founder Trevor Koverko.

The new platform will be focused on corporate users and will allow to issue securities that meet the requirements of the law.

“When developing Ethereum, aspects such as compliance with regulatory requirements were not prioritized. From the very beginning, Polymesh is created on the basis of these prerequisites in order to become an infrastructure that will form the basis of world capital markets, ”the developers noted.

In turn, Charles Hoskinson said that creating a secure blockchain for the securities market with volumes “measured in quadrillions of dollars” seems to him an interesting task.

Recall that in October 2018, the American stock exchange operator Nasdaq announced plans to launch a platform for creating security tokens.

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