Polymath symbol
There would be two very positive outcomes from this. And since it all occurs on the blockchain it will be transparent and do away with the need for multiple unreliable channels to disseminate information.
#POLYMATH SYMBOL FULL#
This would allow each token to have its own transparency and history, allowing investors to get full information about the token before investing. One such would be the use of a “template” for token creation, and all new security tokens would have to adhere to this template. This process also assumes some checks and balances would be rolled up into process. Under this set-up any new security tokens issued would be regulatory compliant right from their issuance. It could even create a more legitimate blockchain based market that will reach mainstream faster than following the traditional route. If this is set-up properly it could do away with the need for a regulatory body to get involved later in the process. Polymath seeks to turn that process upside down by involving government officials and attorneys at the beginning of the token creation process. That’s exactly the type of regulation that cryptocurrency markets will get if an alternative isn’t found. The regulatory agencies create laws and regulations that get pushed down to all the investors and companies involved in listing or trading, and they all have to follow these regulations or get banned from the markets, or worse, face legal actions. This is how stock, bond and commodities markets work today. Traditionally, financial markets are overseen by a central agency who provides regulations and enforcement of non-compliance. The Polymath team seeks to garner acceptance for security tokens through the use of smart contracts to apply restrictions from the ground up, rather than having them imposed after the fact with a top-down regulatory enforcement model.