What is Polymesh?

A blockchain built specifically for security tokens.

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.

POLYMESH KEY STATS

Watch our quick explainer

Use Polymesh to create, issue, and manage security tokens, or participate in on–chain processes like governance and staking.

Purpose–built for security tokens

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.

Discover the key pillars

The first public, permissioned blockchain for securities

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.

More about Identity

Node operators must be licensed financial entities

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.

Become a node operator

Beyond the ERC-1400 security token standard

Polymesh was inspired by ERC-1400 but layers in additional capabilities around governance, identity, compliance, and confidentiality.

Take a look at the chart below to see how Polymesh compares to existing security token standards when it comes to asset tokenization:

Feature
ERC-20
T-REX
ERC-1400
(ST-20)
Polymesh
Immutable cap table
With deterministic finality
Open–source codebase
Controller access (token recovery process)
Agent base
Compliance
Very limited
More flexible, ID based
Issue / redemption
Mint and burn
Share class management
Mint and burn
On-chain transfer validation
Permission management w/ multiple agents
Stakeholder identity management
Batch functions
Only a few
Only a few
All
STOs
Published external audits
Partially fungible tokens
Off–chain authorization
Basic in v1, adv in v2
Document management
Checkpoints
Partitions
Portfolios
Error codes
Settlement
Corporate actions
Identity-driven permissions access
Custody
Portfolio based
Security identifiers
Aggregated entity balances
PUIS
Relayer support
Confidential assets
Coming in v2

The challenge with transaction finality on blockchain

POLYX

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.

What is POLYX?

Nominated
proof–of–stake

Polymesh uses a nominated proof-of-stake consensus mechanism where economic incentives drive node operators and stakers to work together to guide the evolution of the chain.

POLYX Tokenomics

Get in touch with us

Get in touch with us for more information about Polymesh and how we can help you or your business.

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