Details

Industries

Blockchain,Financial Services,Information Technology,Software

Founded date

Jun 7, 2019

Number Of Employee

11 - 50

Operating Status

Active

Legal Name

ParamNetwork PTE LTD

Also Known As

param

Param is an outcome of research on blockchain for commerce over the last 2 years. It is founded by a team of successful entrepreneurs and guided by top-notch blockchain professionals around the globe. Param is a Quorum-based blockchain protocol that has been developed to ease the exchange of documents securely over the public blockchain without the overheads of forming a consortium.

Param is a natural evolution of blockchain thinking for commerce, As most blockchain are designed specifically for finance industry, especially around currency & payments. Typical commerce transaction would involve multiple steps between two entities viz., Quotation, Purchase Order, Invoice, Payments and Receipts. Therefore, param captures individual state-information and associated documents to bring trust across the entire commerce life-cycle. Param is a peer-to-peer permissioned-public blockchain with enhanced ledger for capturing complete life-cycle of the commerce transactions.