Until now, the benefits of tokenization eluded many firms who lacked the resources or technical experience to integrate smart contracts into their existing infrastructure. Nomyx lowers this barrier by offering a single turnkey system that requires no code to build or to tokenize.
Now you can tokenize with speed, efficiency, and without compromising what you’ve already built.
Financial institutions rely on flexibility in their assets to maintain compliance in an evolving regulatory environment. However, on traditional smart contracts, tokens cannot be modified after deployment, making modifications a costly process.
Nomyx created something better, a flexible platform to match the flexibility that financial institutions need.
Diamond-Proxy Upgradeable Smart Contracts
Using Diamond Proxy, smart contracts are no longer bound by their rigid structures, and instead reference external variables called “facets.” Facets allow compliance standards to be added, subtracted, and modified for each asset as compliance requirements change, without compromising the underlying data. Where compliance updates and technical changes to tokens used to take months, now they take less than a minute with Nomyx.
Nomyx has created the first-ever future-proof digital assets, secured within the Diamond Proxy.
Financial institutions depend on the flexibility of their infrastructure, and now they have it: tokens that can grow and evolve with the regulatory landscape with no extra cost and only seconds of effort.
