The Swedish Land Registry, ChromaWay, Kairos Future and Telia Company investigate Smart Contracts and Blockchain for the process of selling a house. This is also a showcase of our Smart Contracts Technology.
The government of Andhra Pradesh is exploring technologies like blockchain that can help solve fraud and misuse problems by decentralising data storage in such a way that it becomes difficult to manipulate without having the proper authority and following proper protocols. This has the potential to eliminate fraud and errors, and greatly reduce the administrative burden of land registration and title transfer.
ChromaWay has partnered with the government of Andhra Pradesh to build a blockchain-powered solution, bringing to life a secure and smart system for land registration.
Daimler Real Estate is the property holding company of Daimler Group. We worked with them to create a system to streamline the process of assigning and approving rental agreements to each internally leased property. Their holding totals some 800 million euros worth of rent each year, Esplix was able to demonstrate a significant potential for administrative cost reduction, as well as reduced potential for errors and increased transparency within the Group.
The Green Assets Wallet equips green investors with the technology to better deliver on the goals of the Paris Climate Agreement. In collaboration with Stockholm Green Digital Finance, ChromaWay built a platform for validating green investment claims and reporting on the impact of green projects. By providing trusted verification and validation infrastructure, the Green Assets Wallet unlocks and mobilises huge amounts of private capital for green projects in both developed and emerging markets. The project is funded and co-developed by the Emerging Markets Dialogue on Finance (EMDF) which is a project of Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH, commissioned by the German Federal Ministry for Economic Cooperation and Development (BMZ).
With Funderbeam syndicates, a startup can raise more funds from many international investors without crowding its cap table. Working with just the syndicate lead, founders can escape perpetual fundraising mode, exhausting investor relations, and focus on growing their business.
As an investor, you can invest in startups around the world and trade your investment tokens whenever you wish. All transactions on Funderbeam are recorded on the blockchain, making investing and trading fast, transparent, and secure.
ChromaWay did the blockchain backend for Funderbeam, and provide a cloud service and API that the Funderbeam team use.
It is a solution using our colored-coins protocol and technology.
Colored coins is a way to use the Bitcoin infrastructure to transfer tokens of value. We use a tiny amount of bitcoins to represent financial products, real-estate, tickets and so on. Some of the features of colored coins are Bitcoin integration, mature security model, and atomic transactions between assets. Our protocols are the result of a thoughtful evolution of the first colored coins software in existence, that we implemented in 2012.
With colored coins, Cuber can transfer euros on the Bitcoin network without being affected by fluctuations in the price of the Bitcoin currency. Cuber is now in a beta. The apps are in the app-stores as "Cuber Wallet" but the Euro-tokens have only been given to selected testers.
We are now together with LHV working on ways to solve the inherent issues with scalable and fast payments, while keeping the openness. We want Cuber to be an open platform for payments and thus open for collaboration with different partners.
The world of currencies is changing. Since the appearance of Bitcoin in 2009, and the posterior development of simultaneous cryptocurrencies based on the blockchain, the way to understand money has changed completely. Cryptocurrencies are not the only origin of a shift in the currency world: empowerment of mobile payments or digital payment services have also had their share when it comes to empower a different way to pay.
Following the current trends, the list of banks and central monetary issuers are investigating the ways to become more adapted to a futuristic way to have money, spend it or save it.
ChromaWay is now developing a solution with e-currencies based on the blockchain. The industries to which blockchain can be adapted to are constantly growing, making the technology more adapted to the real world and the needs of companies, governments and financial institutions, as much as private users.
Sofitto and ChromaWay partnered to provide a solution to the Riksbanken in Sweden: the e-krona. For some months, the Central Bank of Sweden has become interested in finding a way to build an e-currency to complement cash, creating a safe way to do payments and transfers on the blockchain.
ChromaWay and Sofitto presented SofiWay, a blockchain-based network for immediate settlement of payment directly between individuals with a flexible and extensible architecture to support an ecosystem of applications and integrations.