![]() ![]() ERC-20 tokens do not have any transfer restrictions and therefore can be freely traded by anyone. ST-20 is an extension of ERC-20 that introduces the ability to restrict transfers of blockchain tokens. The standard we have built at Polymath is ST-20. Similar to how the ERC-20 standard enabled the boom in utility tokens on the Ethereum blockchain, there needs to be a standard for security tokens. With a standard in place, security token issuers, investors, exchanges, wallets, custody providers, and regulators can become comfortable with this technology, interoperability becomes easier, and adoption can be widespread. In order to make this upgrade possible, we believe there needs to be a standard for security tokens that utilizes these benefits while satisfying regulations. Polymath is upgrading the existing capital markets infrastructure to take advantage of blockchain technology’s benefits: seamless capital formation instantaneous settlement for unique, unforgeable assets negligible trading fees and countless others.
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