ChromaWay

Invest & Finance

www.chromaway.com
Stockholm, Sweden

Daten und Fakten

Branche Invest & Finance
Gründungsjahr 2014
Hauptsitz Stockholm, Sweden
ChromaWay developed a unique set of products.

One product which we call Esplix which automates business process workflows and records the entire value chain on the blockchain e.g chromaway.com/landregistry - Esplix supports private contracts which means that the data can be private not to be seen by other participants which aren't involved in the contracts and we can make blockchains interop.

Our other product PostChain is the first consortium database. A consortium database combines database and blockchain capabilities. Postchain works together with the largest existing database management systems. With small changes in the way a database solution is implemented organisations can have a secure distributed database protected by a Byzantine fault tolerant voting scheme, just like a federated blockchain.

With Postchain, the best of both worlds are combined to offer a secure solution for storing information and data. Databases are great at storing and retrieving information, but lack the security and trust benefits of blockchains. Blockchains are great at security and trust, but sacrifice all of the flexible and powerful features offered by a modern database system. Postchain integrates the best elements of both to create a whole new category: consortium databases. Consortium databases let organisations take advantage of blockchain, without sacrificing the mature and powerful systems that they rely on.



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