The New and Improved Token Studio

This article was first published on Polymath Network - Medium
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“…the challenge is about taking things that are infinitely complex and making them simpler and more understandable.”

Robert Greenberg said this in 2006 in reference to the challenges facing advertising, but it’s especially poignant today. In fact, the idea of turning complexity to simplicity and understandability is ingrained in Polymath’s DNA. Our mission is to automate and simplify finance using blockchain technology and our latest version of Token Studio showcase exactly what this means.

The new Token Studio on Polymesh will be the gateway for users to create, issue, and manage their security tokens and can be tested now on the Aldebaran Testnet.

The Evolution of Token Studio

We launched Token Studio three years ago on Ethereum. Since then, 200+ security tokens have been created using the technology, and we’ve been able to learn more about what makes the industry tick. The most important learning has been that security tokens cannot gain adoption and acceptance from regulators and institutions with a general-purpose blockchain; security tokens need something more specialized that addresses the foremost concerns of governance, confidentiality, identity, and compliance.

This realization was the catalyst for the Polymesh blockchain. And with a new chain, we’ve created a new Token Studio to help our users leverage the advantages of Polymesh when creating a security token.

There are three main benefits to using Token Studio on Polymesh:

1. Design

First and foremost, the security token itself needs to be configured in a way that allows for proper management by the issuer and easy understanding of what the token is by tokenholders. A security token is a regulated instrument and our goal through design is to ensure that our users can easily meet the regulations and laws required of them, based on guidance from their legal and financial advisors. Token Studio offers a user-friendly UI ...

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To keep reading, please go to the original article at:
Polymath Network - Medium

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