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Polymesh (POLYX) Roadmap: What’s Coming Next?

by Joanna Lewis
in Finance
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Polymesh (POLYX) Roadmap: What’s Coming Next?
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Polymesh (POLYX) is an innovative blockchain technology designed for security tokens. It is a security-first blockchain network that has been designed to meet the regulatory requirements of modern security tokens. In this article, we will explore the Polymesh roadmap and what is coming next for the project. To efficiently trade Bitcoin, here’s a step-by-step guide to Bitcoin.

Overview of Polymesh

Polymesh is built on the Substrate blockchain technology that allows developers to create their customized blockchains. It was launched in June 2021, and it is the brainchild of Polymath, a company that is renowned for building blockchain-based solutions. The main focus of the project is to offer a regulatory-compliant blockchain platform that is optimized for security tokens.

Polymesh is built with several unique features that make it different from other blockchain platforms. The platform has a unique identity solution that ensures that each user’s identity is verified before they can participate in the network. It also has a built-in KYC/AML solution that makes it easy for issuers to verify the identities of investors.

Polymesh also has a modular architecture that allows developers to build customized solutions on top of the platform. This feature is particularly useful for companies that want to launch security tokens but have unique regulatory requirements that cannot be met by existing blockchain solutions.

The Polymesh Roadmap

The Polymesh team has an ambitious roadmap for the project. They have outlined several milestones that they plan to achieve in the coming years. Here are some of the most significant milestones:

Launch of Polymesh Testnet

The Polymesh Testnet was launched in March 2021. The testnet is designed to allow developers to test the platform’s features and functionalities. It is a crucial step towards the launch of the mainnet.

Launch of Polymesh Mainnet

The Polymesh Mainnet is scheduled to launch in Q3 2021. This launch will mark the beginning of the Polymesh network, and it will enable issuers to launch security tokens on the platform.

Launch of Polymesh DAO

The Polymesh team plans to launch a decentralized autonomous organization (DAO) in the future. The DAO will enable token holders to vote on governance proposals and make decisions that will affect the future of the platform.

Integration with Other Blockchain Networks

The Polymesh team plans to integrate the platform with other blockchain networks in the future. This integration will enable users to move assets between different blockchains seamlessly.

Polymesh SDK Launch

The Polymesh team plans to launch an SDK in the future. The SDK will enable developers to build customized solutions on top of the platform.

Conclusion

The Polymesh roadmap is an ambitious plan that aims to make the platform one of the best blockchain solutions for security tokens. The project has several unique features that make it different from other blockchain platforms. The Polymesh team has a clear vision for the project, and they are committed to delivering a platform that meets the regulatory requirements of modern security tokens.

If you are interested in investing in Polymesh or launching security tokens on the platform, it is essential to keep an eye on the project’s roadmap. The roadmap will help you understand the future of the platform and the features that will be available in the coming years.

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