The Polymath project, dedicated to building a security tokens platform, announced plans to create Polymesh - a proprietary blockchain for the issue of tokenized securities and security tokens. On the sidelines of the Consensus 2019 conference, the Polymath team announced a partnership with Charles Hoskinson, co-founder of Cardano (ADA) to create the new distributed ecosystem, reported Forbes.
Hoskinson will act as a co-architect on the Polymesh project, aiming to create a blockchain with features to match compliance requirements and safety standards for security tokens. Until now, Polymath has created the portal to create Ethereum-based security tokens, but adoption has stalled...