Polymath Token Review | Security Tokenization | Businesses on the Blockchain
Polymath Token, a platform that enables businesses to integrate with the blockchain. Poly is a tokenized system where you can create your very own ST, or security Token. This is the next evolution of Blockchain startups and Businesses migrating to the Blockchain.
As stated in the Whitepaper and Website, Polymath enables trillions of dollars in securities to enter the blockchain. It goes without saying that many businesses today are talking about how to enter the cryptocurrency market, there is the talk of ICO's but with the risk of having a pump and dump. This is where POLY stands out. With the creation of a Security Token, businesses will have to go through a KYC process, along with it's prospective investors, that will keep both parties in compliance and maintaining growth on the Polymath network itself.
The team is a group of heavy hitters along with the Advisory board. To name a few, Erik Voorhees (CEO of Shapeshift.io), Anthony Diiorio (CEO of Jaxx wallet and Decentralize.tv), and Patrick Byrne (CEO of Overstock.com).
Overall, a solid project. This is a long term play for sure. If you are interested in this project, below is a list of resources.
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Website:
polymath.network