ChromaWay was founded in 2014, and is based in Stockholm, Sweden. Chromaway is a relational blockchain designed to enable a new generation of enterprise applications.
It is a blockchain platform popularly known by it's subsidiary chromia. By combining great blockchain experts, it enables smart contracts, and digital assets for financial applications, and non-financial applications, issuing, and transferring assets through a blockchain. It has a complete open source Enterprise platform for coloured coins with an extended features, with innovative ideas, and operational systems, set to improve set to improve scalability of decentralized applications, and show the optimal power of blockchain solutions (CHROMIA).
ChromaWay Technology Solutions Application
This innovative blockchain ecosystem is the creator of relational blockchain, a class of blockchain platforms, that combine the power and flexibility, of mature relational database systems, with the secure collaboration, and disruptive potential of blockchain.
The technology behind Chroma has so far been successfully executed, and tested by a lot of governments, development Banks, and agencies, testing backing, or using chromia or is technology including, Sweden, India, Germany, Australia, China, Canada, Peru, Kenya, etc. The ChromaWay team possesses strong enterprise, and government connections worldwide.
To mention but a few detailed use cases in the economic sector, we have the following;
LAND REGISTRATION
Future House Sales.
ChromaWay has partnered with the government Andhra Pradesh, in Sweden, to build a blockchain powered system for land registration. The solution has the potential to eliminate and curtail fraud and errors and greatly reduce the administrative burden of land registration and COMMERCIAL agreements.
Rental Agreements
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.
FINANCE
Green Finance
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).
For more information on practical ChromaWay Blockchain Solutions, please visit;
https://chromaway.com/solutions
ChromaWay has a long and successful history in the blockchain space, being traditionally an enterprise, and a humanitarian focused company, that has been making moves on the front for many years. Personally I would say, this is one platform to keep an eye on, as it possesses a lot of plausible potentials.
For more information on ChromaWay's public blockchain arm, please checkout the links below;
Official website: https://chromia.com
White paper: https://chromia.com/chromia-platform-white-paper-2019.pdf
Programming dApps: http://rell.chromia.com/en/master/
Twitter: https://twitter.com/chromia
Telegram: https://t.me/hellochromia
Reddit: https://www.reddit.com/r/teamchromia
Facebook: https://www.facebook.com/teamchromia