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Cryptocurrency News Articles
Polymesh to Host Live Stream Exploring Tokenization, Blockchain, and Real-World Assets
Apr 02, 2024 at 11:11 pm
CoindarPolymesh will broadcast live on April 11 at 14:00 UTC. Led by Polymesh's Head of Tokenization, Graeme Moore, the live stream will discuss Polymesh, POLYX, tokenization, blockchain, and RWA. Polymesh is a specialized layer-1, public permissioned blockchain designed specifically to handle security tokens and digital contracts tied to real-world assets.
Polymesh to Host Live Stream on Tokenization, Blockchain, and Real-World Assets (RWAs)
London, United Kingdom - March 28, 2023 - Polymesh, the specialized Layer 1 public permissioned blockchain designed for security tokens, has announced a live stream event scheduled for April 11th at 14:00 UTC. The session will be led by Graeme Moore, Head of Tokenization at Polymesh, and will delve into a comprehensive array of topics related to tokenization, blockchain technology, and the intersection between the digital and physical worlds.
Polymesh: A Revolutionary Platform for Security Tokenization
Polymesh is a unique platform that bridges the gap between traditional financial markets and the world of blockchain. It provides a secure infrastructure for the issuance, management, and trading of security tokens – digital contracts that represent ownership of real-world assets. Unlike other blockchains, Polymesh requires identity verification for all participants, including issuers, investors, stakers, and node operators. This rigorous approach enhances network security and ensures compliance with regulatory requirements.
POLYX: The Native Utility Token Powering the Polymesh Ecosystem
At the heart of the Polymesh platform lies POLYX, the native utility token that serves multiple critical functions. POLYX is used for:
- Governance: Token holders can participate in Polymesh's governance process by submitting improvement proposals and voting on key decisions.
- Chain Security: Stakers can bond their POLYX tokens to node operators, increasing the latter's chances of validating blocks and earning rewards. This staking mechanism reinforces the network's security and operational efficiency.
- Managing Security Tokens: POLYX is used to pay transaction fees, manage security tokens, and interact with smart contracts within the Polymesh ecosystem.
An Ecosystem Built on Collaboration and Security
Polymesh operates through a collaborative effort between node operators and stakers. Node operators, which must be licensed financial entities, secure the blockchain and validate blocks. Stakers provide their POLYX to node operators, enhancing their chances of validating blocks and contributing to the overall network security.
This unique architecture blends the advantages of both private and permissionless networks, providing enhanced security without compromising the benefits of decentralization.
Stay Tuned for More Details
The live stream event on April 11th will provide an in-depth exploration of Polymesh, POLYX, tokenization, blockchain technology, and RWAs. The session will be an invaluable opportunity for investors, developers, and industry professionals to gain insights into the latest advancements in this rapidly evolving field.
For more information and to register for the live stream, please visit: [Polymesh Live Stream Registration Link]
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