• Latest
Polymath, Charles Hoskinson Team Up on Security Token Blockchain

Polymath, Charles Hoskinson Team Up on Security Token Blockchain

May 13, 2019
ygg sea surpasses 10,000 scholarships in just six months of launch

YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch

May 6, 2022
mintable launches industry changing gas free minting service on ethereum

Mintable Launches Industry Changing Gas Free Minting Service on Ethereum

May 1, 2022
5 projects enabling smart contract development on bitcoin

5 Projects Enabling Smart Contract Development on Bitcoin

April 29, 2022
bitcoin atm installed in mexico's senate building

Bitcoin ATM installed in Mexico’s Senate Building

April 27, 2022
cross chain services play a crucial role in facilitating continued adoption of defi applications

Cross-Chain Services Play a Crucial Role in Facilitating Continued Adoption of DeFi Applications

April 26, 2022
justin sun launches usdd, integrating the blockchain world and the real world with the decentralized stablecoin

Justin Sun Launches USDD, Integrating the Blockchain World and the Real World with the Decentralized Stablecoin

April 25, 2022
nfts: the next musical revolution

NFTs: The Next Musical Revolution

April 24, 2022
things you should know before investing in nfts

Things You Should Know Before Investing in NFTs

April 24, 2022
what are wrapped tokens?

What Are Wrapped Tokens?

April 23, 2022
what is the future of ethereum (eth)?

What is the future of Ethereum (ETH)?

April 22, 2022
green gaming

Everything You Need to Know About Play-to-Earn on Algorand in 2022

April 21, 2022
$ape going bananas as rumors of upcoming land sale of bayc metaverse gather momentum

$APE Going Bananas As Rumors of Upcoming Land Sale of BAYC Metaverse Gather Momentum

April 21, 2022
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
CoinNewsDaily
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
No Result
View All Result
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
No Result
View All Result
CoinNewsDaily
No Result
View All Result
Home Business

Polymath, Charles Hoskinson Team Up on Security Token Blockchain

coinnewsdaily by coinnewsdaily
May 13, 2019
in Business
0
Polymath, Charles Hoskinson Team Up on Security Token Blockchain
190
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Related articles

ygg sea surpasses 10,000 scholarships in just six months of launch

YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch

May 6, 2022
5 projects enabling smart contract development on bitcoin

5 Projects Enabling Smart Contract Development on Bitcoin

April 29, 2022

Polymath is building a security token blockchain in collaboration with IOHK’s Charles Hoskinson, one of the co-founders of ethereum.

Dubbed Polymesh, the new platform will be designed specifically for companies that want to create regulation-compliant security tokens, Polymath co-founder Trevor Koverko announced Monday at CoinDesk’s Consensus 2019. In theory, a purpose-built blockchain will help spur adoption of security tokens by streamlining the process for companies looking to launch tokenized assets.

Hoskinson, who also co-founded ethereum and cardano, will be Polymesh’s “co-architect,” according to a press statement.

Polymath, a security token platform, has already supported the launch of 120 different security tokens, the release noted, but their actual adoption remains low when compared to the rest of the crypto ecosystem.

Compliance with regulations is one reason why, the company contends. It noted that Polymath’s security tokens were built on ethereum, the world’s second-largest cryptocurrency by market cap.

Ethereum’s goal of enabling “unstoppable applications” runs counter to the point of most security tokens. As such, developers working on Polymesh will consider what capital markets may actually need when building the network.

In a statement, Hoskinson said he was “looking forward to working on Polymesh,” adding:

“There are quadrillions of dollars of financial securities, and building a blockchain to secure them is an incredibly exciting task.”

Koverko added in a statement that Polymath was excited to work with Hoskinson “on the world’s first purpose-built blockchain for security tokens.” Hoskinson’s past experience working on both ethereum and cardano would help in developing this new network, he said.

Trevor Koverko image courtesy Polymath

Credit: Source link

Tags: BusinessCryptoCrypto Business
Share76Tweet48
Previous Post

Enterprise Ethereum Alliance Publishes Latest Client Specs in Blockchain Standards Push

Next Post

Ripple’s Xpring, Outlier Ventures Back $4 Million Raise for Agoric

coinnewsdaily

coinnewsdaily

CoinNewsDaily.com is an online Crypto Coin News Website that aims to provide latest trendy news from market and around the world.

Related Posts

ygg sea surpasses 10,000 scholarships in just six months of launch
Alt Coin

YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch

May 6, 2022
5 projects enabling smart contract development on bitcoin
Alt Coin

5 Projects Enabling Smart Contract Development on Bitcoin

April 29, 2022
cross chain services play a crucial role in facilitating continued adoption of defi applications
Alt Coin

Cross-Chain Services Play a Crucial Role in Facilitating Continued Adoption of DeFi Applications

April 26, 2022
justin sun launches usdd, integrating the blockchain world and the real world with the decentralized stablecoin
Alt Coin

Justin Sun Launches USDD, Integrating the Blockchain World and the Real World with the Decentralized Stablecoin

April 25, 2022
what are wrapped tokens?
Bitcoin

What Are Wrapped Tokens?

April 23, 2022
what is the future of ethereum (eth)?
Alt Coin

What is the future of Ethereum (ETH)?

April 22, 2022
Load More
Next Post
Ripple’s Xpring, Outlier Ventures Back $4 Million Raise for Agoric

Ripple's Xpring, Outlier Ventures Back $4 Million Raise for Agoric

Categories

  • Alt Coin
  • Bitcoin
  • Business
  • Ethereum
  • ICO
  • Litecoin
  • Mining
  • NFT
  • Ripple
  • Tech
  • Trading

What New here?

  • YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch
  • Mintable Launches Industry Changing Gas Free Minting Service on Ethereum
  • 5 Projects Enabling Smart Contract Development on Bitcoin

Subscribe to Get More!

Loading
  • About Us
  • Contact Us
  • Privacy & Policy

© 2018-2021 CoinNewsDaily.com by CoinNewsDaily Inc. Crafted with Love by iFtiDev

No Result
View All Result
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining

© 2018-2021 CoinNewsDaily.com by CoinNewsDaily Inc. Crafted with Love by iFtiDev

  • bitcoinBitcoin(BTC)$22,918.00-0.18%
  • ethereumEthereum(ETH)$1,637.490.47%
  • tetherTether(USDT)$1.000.10%
  • binancecoinBNB(BNB)$328.230.37%
  • rippleXRP(XRP)$0.397770-0.42%
  • cardanoCardano(ADA)$0.388114-0.32%
  • dogecoinDogecoin(DOGE)$0.091338-0.54%
  • matic-networkPolygon(MATIC)$1.211.20%
  • okbOKB(OKB)$43.960.83%
  • solanaSolana(SOL)$23.06-1.82%
  • shiba-inuShiba Inu(SHIB)$0.0000141.30%
  • polkadotPolkadot(DOT)$6.59-0.05%
  • litecoinLitecoin(LTC)$97.311.38%
  • tronTRON(TRX)$0.063648-0.34%
  • daiDai(DAI)$1.000.04%
  • cosmosCosmos Hub(ATOM)$14.32-1.83%
  • chainlinkChainlink(LINK)$6.950.06%
  • leo-tokenLEO Token(LEO)$3.37-5.84%
  • ethereum-classicEthereum Classic(ETC)$22.49-1.08%
  • moneroMonero(XMR)$166.28-0.08%
  • bitcoin-cashBitcoin Cash(BCH)$133.62-0.41%
  • stellarStellar(XLM)$0.090636-0.25%
  • crypto-com-chainCronos(CRO)$0.080470-0.77%
  • filecoinFilecoin(FIL)$5.21-0.69%
  • algorandAlgorand(ALGO)$0.2602472.13%
  • vechainVeChain(VET)$0.0243310.63%
  • internet-computerInternet Computer(ICP)$5.53-2.12%
  • aaveAave(AAVE)$85.18-0.24%
  • eosEOS(EOS)$1.07-0.40%
  • elrond-erd-2MultiversX(EGLD)$44.55-1.27%
  • theta-tokenTheta Network(THETA)$1.090.29%
  • tezosTezos(XTZ)$1.17-0.24%
  • huobi-tokenHuobi(HT)$5.580.80%
  • paxos-standardPax Dollar(USDP)$1.000.16%
  • havvenSynthetix Network(SNX)$2.799.64%
  • bitcoin-cash-svBitcoin SV(BSV)$42.79-4.02%
  • pancakeswap-tokenPancakeSwap(CAKE)$4.481.57%
  • dashDash(DASH)$62.505.81%
  • iotaIOTA(MIOTA)$0.2448703.02%
  • neoNEO(NEO)$8.801.22%
  • makerMaker(MKR)$691.411.42%
  • zcashZcash(ZEC)$43.99-0.13%
  • zilliqaZilliqa(ZIL)$0.0296094.05%
  • basic-attention-tokenBasic Attention(BAT)$0.278359-0.27%
  • nemNEM(XEM)$0.0405370.89%
  • compound-governance-tokenCompound(COMP)$52.330.85%
  • Elrond ERDElrond ERD(ERD)$0.0259290.00%
  • kusamaKusama(KSM)$35.830.44%
  • bitcoin-goldBitcoin Gold(BTG)$17.280.49%
  • qtumQtum(QTUM)$2.841.37%
  • sushiSushi(SUSHI)$1.472.64%
  • wavesWaves(WAVES)$2.712.40%
  • golemGolem(GLM)$0.257373-0.34%
  • ftx-tokenFTX(FTT)$1.89-21.50%
  • yearn-financeyearn.finance(YFI)$7,580.100.09%
  • omisegoOMG Network(OMG)$1.704.58%
  • ontologyOntology(ONT)$0.2325831.68%
  • digibyteDigiByte(DGB)$0.0105120.18%
  • umaUMA(UMA)$2.090.40%
  • ethlendAave [OLD](LEND)$0.53-3.08%
  • UniswapUniswap(UNI)$2.4438.80%