Polymesh was created to efficiently address this and open up opportunities for financial instruments to tokenize real-world assets on the blockchain, allowing cryptocurrency asset holders to invest in real-world assets.
Key Highlights:
- Consensus Mechanism: Polymesh employs a highly customizable NPoS consensus mechanism, providing high throughput and rapid finalization with near-instant settlement. Combined with Polymesh's settlement tools, it enables almost instantaneous decision-making and settlement.
- Fast Transaction Processing.
- Governance: Polymesh uses an industry-specific governance model to prevent hard forks and address significant legal and tax challenges associated with tokens backed by real-world assets.
- Identity: Polymesh utilizes a customer onboarding process to ensure all participants in the chain are verified, and all transactions are authorized by licensed entities.
- Security: Polymesh has designed a secure asset management protocol that allows for the issuance and transfer of assets in a confidential manner. Show Less
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