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Polymath makes it easy to create, issue, and manage security tokens on the blockchain. We select world-class IT partners who can scale with our platform and accompany us in the geographic expansion of B89. Our technical platform is built to support cross-border banking. While for the other components that offer less competitive differentiation, we opted to integrate best-in-class solutions. We have focused on developing the engagement layer. We have developed an innovative, secure and scalable platform, designed to meet the expected exponential growth. Our vision is to empower Hispanic Americans with simple, fair and transparent borderless financial services and digital payments. "Operators are integral to Polymesh's infrastructure, and we're excited to have B89 working with us and our other operators to keep the chain secure." "B89 is focused on both technological and geographical growth and expansion, and we're thrilled that they've chosen to pursue their vision by teaming up with Polymath on the Polymesh blockchain," said Chris Housser, Interim CEO of Polymath. B89 is committed to scaling as technology develops, as well as encouraging sustainability and decentralized ownership, which is a key offering of blockchain technology. The financial services platform unifies traditionally separate core services of payments, remittances, and banking in a single mobile application. This enables new blocks to continue to be written, but only by trusted capital markets participants.ī89 seeks to empower Hispanic Americans with simple, fair, and transparent cross-border financial services and digital payments. Even its node operators must be verified permissioned entities. In contrast, Polymath meets market requirements by building core principles of identity, confidentiality, governance, and compliance into the chain's architecture. For example, public infrastructures can fail to prevent pseudonymous entities from writing new blocks and validating transactions. Most public blockchains are insufficient at meeting the needs of capital markets participants. It is currently in testnet phase with mainnet launch anticipated for later this year. Polymesh is a permissioned blockchain purpose-built by Polymath specifically for regulated assets. 19, 2021 /PRNewswire/ - B89, a Peruvian fintech platform that aims to empower Hispanic Americans through borderless financial services, is joining the growing network of node operators on Polymesh. As the first node operator from Latin America on Polymesh, B89 will increase the chain's global presence and encourage its borderless network