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ChromaWay was founded in 2014 and is an early pioneer of what is now dubbed as "blockchain 2.0" technology. With great blockchain experts ChromaWay provides a platform for smart contracts and issuing and transferring assets through a blockchain. ChromaWay has been working with the Swedish Land Registry and other institutions and financial companies to provide smart contract solutions for the real estate field. Among many other successes, ChromaWay presented Postchain, a consortium database. Follow ChromaWay for many upcoming products and partnerships with governments, institutions and companies around the world.
ChromaWay offers blockchain as a platform for financial institutions and is working on a smart contract platform that allows for digitizing and representing workflows in a secure, private and efficient way. The platform built for colored coins which are currently being used for many real world transactions on the Bitcoin network.
Chromawallet for trading of coloured coins
SAAS model, licensing, maintenance, support, features (In the future transaction fees).
Landshypotek Bank
SBAB
Andhra Pradesh Government
Telia
Lantmateriet
LHV
Funderbeam
The company has partnered with Funderbeam
LHV Bank.
ChromaWay developed a unique smart contract product which automates and streamlines business process workflows. Today's problems in workflow products are that normal workflow products only digitize one process within one organization. We bring trust to workflows so organizations and institutions will be able to share the process between them without the need to trust each other making the process much more streamlined, much more secured and much more automated and transparent. For example take a look at the closure process in a mortgage transaction, a complex process between a couple of actors which is usually very complex and entitled to lots of fraud, by the use of our product we can eliminate fraud, streamline the process and increase transparency. So we don't only record the asset on the blockchain, we are recording the entire process.
For Profit
$100k - $499
All our customers are paid customers.
8 paying clients
Customers from Europe and Asia.
Henrik Hjelte
Alex Mizrahi
Ludvig Öberg
Alex Mizrahi
Henrik Hjelte
Iddo Bentov
Or Perelman
11-50
Henrik Hjelte(CEO); Alex Mizrahi(CTO); Or Perelman(COO)
NO
2
$260 K
Oct 2018
Private
Less than $1M
$260 K
NO
1,799
2,994.89
-50.15%
60
48.11%
2.3
42.13%
51.51%
-24.85%
4,210,507
-94,918
-2.2%
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ChromaWay offers blockchain as a platform for financial institutions and is working on a smart contract platform that allows for digitizing and representing workflows in a secure, private and efficient way. The platform built for colored coins which are currently being used for many real world transactions on the Bitcoin network.
ChromaWay developed a unique smart contracts to streamline business process workflows and private blockchain products to enable different kind of use-cases to be built on top, while the first use-case of ChromaWay's focus is real-estate and mortgage transactions, we also see demand for other use-cases as well in different sectors.
SAAS model, licensing, maintenance, support, features (In the future transaction fees).
ChromaWay developed a unique smart contract product which automates and streamlines business process workflows. Today's problems in workflow products are that normal workflow products only digitize one process within one organization. We bring trust to workflows so organizations and institutions will be able to share the process between them without the need to trust each other making the process much more streamlined, much more secured and much more automated and transparent. For example take a look at the closure process in a mortgage transaction, a complex process between a couple of actors which is usually very complex and entitled to lots of fraud, by the use of our product we can eliminate fraud, streamline the process and increase transparency. So we don't only record the asset on the blockchain, we are recording the entire process.
MVP
We will be launching our products in 2.5 months.
*Privacy - the people which are involved in our contract are the only ones who can see the data in the contract and no one else. Interopabiity - we can make blockchains interop with each other. And more differentiation which will be public soon.
Enterprise - Banks or Financial Institutions
SaaS
$100k - $499
0.00
All our customers are paid customers.
8 paying clients Million
Customers from Europe and Asia.
Yes, in trial/pilot
Network effect, direct sales, channel partners.
INITIAL CLIENTS
8
1-10
employee: Henrik Hjelte(CEO);
employee: Henrik Hjelte(CEO);
employee: Henrik Hjelte(CEO);
Henrik Hjelte, Alex Mizrahi, Or Perelman, Iddo Bentov
YES
NO
NO