What Is MATH?
At Polymath, we want to make it easy to unlock the blockchain to tokenize and trade traditional and new classes of assets. We're dramatically lowering the barriers so providing security tokens to issuers will become effortless.
Polymath makes it easy to create, issue, and manage tokens on the blockchain. Over 200 tokens have been deployed using our Ethereum-based solution, ranging from $2 billion+ in real estate facilitated by a US-based real estate investment platform; corporate loans facilitated by an Australia-based lending marketplace; equity; revenue share agreements; and more.
Polymath developed the open-source code for Polymesh, an institutional-grade blockchain built specifically for regulated assets. Polymesh streamlines antiquated processes and opens the door to new financial instruments by solving the challenges around governance, identity, compliance, confidentiality, and settlement.
Why A Purpose-Built Blockchain?
Ethereum established one foundational layer for security tokens—smart contracts—making tokens programmable and automated. But, there are more foundational layers required to ensure regulatory compliance and institutional confidence, better enabling security token creation, issuance, management, and liquidity.The benefits of blockchain are both promising and obtainable, but real estate tokenization is not without its challenges! In this blog post, we’ll provide a brief look at why you should tokenize real estate with Polymesh, and how Polymath technology can make the process easier.As securities, real estate assets are subject to a growing number of increasingly complex regulations, whether tokenized or not. It only becomes more complicated when you add tokenization to the mix. Real estate deals are complex in nature, and there’s a challenge in tying the physical asset to the virtual world of the chain.With that in mind, let’s take a look at what will make your real estate tokenization project easier, beginning with the underlying blockchain infrastructure.
Why You Need To Pick A Blockchain That’s Fit-For-Purpose
When it comes to the infrastructure underlying real estate tokenization, there’s no doubt that a purpose-built blockchain is better as it can give issuers and investors the confidence that complex requirements and regulatory needs can be met. Polymath makes tokenization technology operating on Polymesh, an institutional-grade permissioned blockchain purpose-built for regulated assets, whose native token POLYX has received Swiss-regulator FINMA’s ruling as a utility token. Polymesh was designed specifically for security tokens in light of conversations with key industry players and regulators around the challenges of bringing blockchain to regulated capital markets.
How Polymesh benefits issuers and token holders
Polymesh is a trustworthy option for issuers, marketplaces, service providers, and token holders for a variety of important reasons. Polymesh mitigates the risk and uncertainty of contentious forks faced on proof-of-work chains through its on-chain governance process, which ensures there is always exactly one canonical chain and offers a way to steer past potential disagreements. For many blockchains, compliance and confidentiality are a trade-off. This isn’t the case for Polymesh. Polymesh enables sophisticated rules and attestations to be automated based on on-chain compliance at the account level, without sacrificing privacy. Private transactions will be implemented on Polymesh soon through a patent-pending protocol called Mediated, Encrypted, Reversible, Secure Asset Transfers (MERCAT).
How Polymath makes tokenization on Polymesh easier
Industry leaders, regulators, and technology providers are constantly innovating and collaborating to come up with ways to overcome the challenges to tokenization– and Polymath has been at the forefront of these efforts from the beginning, first by establishing ERC-1400 and then by developing the code for Polymesh.
