Asch XAS to Polymath POLY Exchange

Crypto Pair Details: XAS to POLY

Asch XAS

ASCH is a new generation block chain innovation application development platform based on side chain structure which is efficient, flexible, safe, low-cost and reused. With the use of JavaScript as its application programming language, the platform makes use of relational databases to store data, drawing similarities between developing a DAPP and developing a traditional web application. This type of platform carries a great deal of appeal to developers, as well as small and medium enterprises, since its ease of use results in greater productivity, fuelling and facilitating a more prosperous ecosystem in the process. ASCH is open in design and is not limited to any particular niche market such as news aggregation, the issue of assets, arbitration, the existence of certificate, property rights certification, the Internet of things, supply chain finance, asset digitization, commodity tracing, prepaid card system, block chain contract deposit etc. In terms of the consensus mechanism, ASCH has inherited and enhanced the DPOS algorithm, simultaneously reducing the probability of forking and double spending by a significant degree. Furthermore, ASCH’S side chain, i.e. the application mode, not only improves scalability by delaying the expansion of the block chain, but also makes DAPPS more flexible and personalized. ASCH is a forward-looking, low-cost and one-stop application solution, which is believed to be a new generation of incubator for decentralized applications. Adhering to the values of enterprise accomplishments, innovation leading, technology belief and embracing future, ASCH is devoted to building a global commercial block chain application ecosystem, which is not only using block chain technology to empower various industries, but also being the base of the world class economy. The services provided by the ASCH platform include a public chain and a set of application SDKs; the public chain is called the main chain. The ASCH application SDKs can be used to develop blockchain applications with a free-running, immutable ledger. These applications are also known as side chain applications. An application SDK has a built-in cross-chain protocol, through which the side chain can communicate with the main chain. In other words, the main chain has the function of asset routing, through which a variety of assets can flow among different applications. ASCH’s ecological system contains multiple chains, with each chain possessing the ability to carry multiple tokens or assets. Each token or asset can also be transferred to multiple chains.

Polymath POLY

Polymath simplifies the legal process of creating and selling security tokens. It makes a new token standard, the ST20, and enforces government compliance. Only a “list of authorized investors and their Ethereum wallet addresses” can hold ST20 tokens. Therefore, token issuers don’t need to worry about the legal implications of your security falling into the wrong hands. In order to launch a legally compliant token, the Polymath platform brings together issuers, legal delegates, smart contract developers, KYC verification, and a decentralized exchange. All transactions on the Polymath platform take place using the native POLY token. Polymath has programmable equity. Polymath enables companies to take control of their equity issuance through programmable code. It is raising in cryptocurrency opens up an entire wealth of new investors. Polymath eliminates the middleman and financial structures that hinder the deployment of equity. There is a trove of wealth that is untouched by Wall Street that can now be accessed through Polymath. In 2017, Polymath raised over $1.2 billion in funding by selling utility tokens and security tokens. Utility tokens, such as Waltonchain, give you access to a token’s network and are far more common than security tokens. Security tokens, however, provide equity or a claim to dividends from a company. As a result, security tokens, like any securities, are subject to government regulation. Polymath’s new standard for blockchain security tokens aims to embed the necessary regulatory requirements into smart contracts and comply entirely with government security regulations. A wide array of security tokens that will be listed on Polymath at some point will require investors to be accredited, or to be from specific countries.

SOURCE: COINGECKO

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