Polymath (POLY) is a decentralized platform for the issuance and management of security tokens. It is designed to bridge the gap between traditional financial products and blockchain-based digital assets. Polymath utilizes a protocol that enables organizations to create and issue security tokens on the blockchain, while also allowing investors to easily and securely participate in these offerings.

The Polymath platform is built on top of the Ethereum blockchain and enables participants to create, issue, and trade security tokens. These tokens are subject to a set of predetermined rules and regulations, which are enforced by the platform. This enables a variety of financial instruments, such as stocks, bonds, derivatives, and other complex securities, to be tokenized and traded on the blockchain.

The Polymath protocol is designed to be a self-sustaining ecosystem that allows issuers, investors, developers, and other stakeholders to interact and transact with each other in a secure and compliant manner. The platform is powered by its native currency, the Polymath token (POLY), which is used to pay for transaction fees and to reward participants for contributing to the network.