ChromaWay started with the pioneering work done by Alex Mizrahi on original colored-coins since 2012 when he made the first implementation. Alex led the colored coins open source project until 2014 when he, together with Or Perelman. Iddo Bentov and Henrik Hjelte, formed Chromaway. Since then ChromaWay has kept innovating and is behind projects and services such as Postchain, a private blockchain that combines the power of a SQL database with the security of a private blockchain. ChromaWay has also been a pioneer within using blockchain technology, being part of the first project to have a bank issue a currency on the Bitcoin Blockchain with LHV Bank in 2014. ChromaWay is also the first company to have the first Western government exploring blockchain for Land Registry with the Swedish Lantmäteriet.
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ChromaWay, blockchain pioneers
ChromaWay is a blockchain technology company. Since 2014, they have been developing and refining industry-defining blockchain technology platform. They work with public and private sector actors to build applications on platform, mainly around real estate and finance.
Development Of New E-Currency
ChromaWay has worked closely with Sofitto (soffito.com) to develop a proposal for a Swedish e-currency. The proposal is currently under evaluation by the central bank of Sweden (Riksbanken) and describes an open payments ecosystem built around ChromaWay’s Post chain and Sofitto’s groundbreaking blockchain hardware.
The Universal Identity Hub
The Universal Identity Hub (UIH) is a project for a solution for United Nations Women Blockchain Live Test and Simulation in partnership with Abt Associates and Cadastre Foundation. The project aims to connect women and families in dangerous and fragile contexts, bringing a secure communication environment.
Green Assets Wallet
Validating Green Investment with Blockchain The Green Assets Wallet will equip green investors with the technology to better deliver on the goals of the Paris Climate Agreement. In collaboration with Stockholm Green Digital Finance, ChromaWay will build 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 will unlock and mobilize 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).
Future House Sales
The Swedish Land Registry, ChromaWay, Evry, Telia Company, SBAB Bank and Landshypotek Bank investigate Smart Contracts and Blockchain for the process of selling a house.
ChromaWay’s trajectory started when Alex Mizrahi, CTO and co-founder of ChromaWay, developed the original colored-coins, the revolutionary way to use blockchain for asset transfers. Since then, ChromaWay has continued to deliver advanced blockchain solutions for the financial and governmental fields.
At ChromaWay they build security software that uses blockchain technology, not the other way around. Blockchain is not a magic bullet, but when done correctly it creates powerful structural security properties in distributed systems.
They software is minimally disruptive, broadly compatible, and built with the scalability and longevity requirements of enterprise in mind.
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