common-close-0
BYDFi
Trade wherever you are!

What is the purpose of Poly crypto?

avatarTuyen ThaiDec 25, 2021 · 3 years ago3 answers

Can you explain the purpose and use cases of Poly crypto in the cryptocurrency market?

What is the purpose of Poly crypto?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    Poly crypto, also known as Polymath, is a blockchain platform that aims to revolutionize the securities industry. It is designed to enable the issuance, management, and trading of security tokens on the blockchain. By leveraging blockchain technology, Poly crypto aims to provide a more efficient, transparent, and accessible way for companies to raise capital and investors to participate in the securities market. With its focus on compliance and regulatory requirements, Poly crypto aims to bridge the gap between traditional finance and the world of cryptocurrencies.
  • avatarDec 25, 2021 · 3 years ago
    Poly crypto is all about tokenizing securities. It allows companies to create and manage security tokens on the blockchain, which represent ownership or shares in a particular asset. This opens up new possibilities for fundraising, as companies can now offer tokenized securities to a global audience. Additionally, Poly crypto aims to streamline the entire securities lifecycle, from issuance to trading and compliance. It provides a platform for investors to discover and invest in security tokens, while ensuring regulatory compliance through its smart contract technology.
  • avatarDec 25, 2021 · 3 years ago
    As an expert at BYDFi, I can tell you that Poly crypto is a game-changer in the securities industry. It offers a secure and efficient way for companies to tokenize their assets and raise capital. With Poly crypto, companies can tap into a global pool of investors and access liquidity in a more transparent and cost-effective manner. Moreover, the platform's focus on compliance and regulatory requirements ensures that investors can confidently participate in the securities market without worrying about legal issues. Overall, Poly crypto is driving innovation in the securities space and paving the way for a more inclusive and accessible financial system.