Polymesh to Launch Private Blockchain

Announcing Polymesh Private

Our team has a history of firsts.

- First point-and-click interface for anyone to create a tokenized asset with built-in compliance
- First tokenized asset standard on Ethereum, ERC-1400
- First purpose-built public permissioned blockchain for tokenized real world assets

And today we’re announcing the launch of the first private blockchain with seamless public migration.

Polymesh Private will enable us to embed Polymesh tech into more financial institutions’ infrastructure, as there are still many FIs uncomfortable with using public chains.

Consistent feedback from FIs is that they see the future on public permissioned blockchains (Polymesh), but they aren’t quite there yet. Today, they want an API driven private permissioned blockchain with full control, enhanced privacy, and public compatibility. That is Polymesh Private.

So let’s give them what they want, and then once they’re ready to move to public infrastructure, they can seamlessly migrate to Polymesh without needing to rebuild their internal tools and processes.

It’s important to reiterate that this strategy reinforces our commitment to Polymesh. Polymesh Private is being offered as a stepping stone to continue our work in onboarding trillions of dollars of assets to Polymesh.