PARAMETA

About PARAMETA

The startup has developed a proprietary blockchain engine that facilitates the design and implementation of blockchain technology through smart contracts and a modular architecture. This platform enhances scalability and security, enabling businesses and governments to efficiently conduct financial transactions and manage digital currencies.

```xml <problem> Businesses face challenges in transitioning to Web3 due to the complexity of blockchain technology and the need for specialized infrastructure. Integrating blockchain solutions often requires significant upfront investment, technical expertise, and ongoing maintenance, creating a barrier to entry for many organizations. </problem> <solution> Parameta provides a suite of Web3 enablement services designed to simplify the adoption of blockchain technology for businesses. The company offers a full-stack blockchain engine, loopchain, and a range of services including wallet management, NFT solutions, security token offerings (STO), and token management, all accessible through simple API integrations. Parameta's services eliminate the need for businesses to build their own blockchain infrastructure, enabling a faster and more cost-effective transition to Web3. By leveraging Parameta's platform, businesses can securely manage digital assets, implement decentralized governance models, and create new revenue streams through tokenization and blockchain-based applications. The platform supports interoperability between multiple blockchains through its BTP interchain protocol. </solution> <features> - Loopchain: A proprietary blockchain core engine supporting transaction collection, block generation, state management, and distributed ledger functions. - Wallet-as-a-Service: Custody-based key management with DID and PDS integration for secure identity and data management. - NFT-as-a-Service: Tools for managing all stages of NFT distribution, including minting, sales, and ownership management. - STO-as-a-Service: Solutions for fractional ownership and management of real-world assets through tokenization. - Token Management-as-a-Service: Comprehensive tools for token issuance, lockup, distribution, and circulation monitoring, with interchain token (ICT) support. - Interchain Technology: BTP protocol for trustless exchange of data, assets, and smart contract calls across heterogeneous blockchains. - Decentralized Governance: Tools for establishing and managing decentralized governance models and sustainable token economies. - dApp Developer Support: SDKs, developer center, and blockchain monitoring tools for streamlined dApp development. </features> <target_audience> Parameta targets businesses across various industries, including finance, gaming, and supply chain, seeking to integrate Web3 technologies into their operations without the need for extensive in-house blockchain expertise. </target_audience> <revenue_model> Parameta generates revenue through a combination of API usage fees, custom solution development, and enterprise support contracts. </revenue_model> ```

What does PARAMETA do?

The startup has developed a proprietary blockchain engine that facilitates the design and implementation of blockchain technology through smart contracts and a modular architecture. This platform enhances scalability and security, enabling businesses and governments to efficiently conduct financial transactions and manage digital currencies.

Where is PARAMETA located?

PARAMETA is based in Seoul, South Korea.

When was PARAMETA founded?

PARAMETA was founded in 2016.

Location
Seoul, South Korea
Founded
2016
Employees
49 employees

PARAMETA

3
Relative Traction Score based on online presence metrics compared to companies in the same age group.

Executive Summary

The startup has developed a proprietary blockchain engine that facilitates the design and implementation of blockchain technology through smart contracts and a modular architecture. This platform enhances scalability and security, enabling businesses and governments to efficiently conduct financial transactions and manage digital currencies.

parametacorp.com500+
Founded 2016 – Seoul, South Korea

Funding

No funding information available.

Team (40+)

No team information available.

Company Description

Problem

Businesses face challenges in transitioning to Web3 due to the complexity of blockchain technology and the need for specialized infrastructure. Integrating blockchain solutions often requires significant upfront investment, technical expertise, and ongoing maintenance, creating a barrier to entry for many organizations.

Solution

Parameta provides a suite of Web3 enablement services designed to simplify the adoption of blockchain technology for businesses. The company offers a full-stack blockchain engine, loopchain, and a range of services including wallet management, NFT solutions, security token offerings (STO), and token management, all accessible through simple API integrations. Parameta's services eliminate the need for businesses to build their own blockchain infrastructure, enabling a faster and more cost-effective transition to Web3. By leveraging Parameta's platform, businesses can securely manage digital assets, implement decentralized governance models, and create new revenue streams through tokenization and blockchain-based applications. The platform supports interoperability between multiple blockchains through its BTP interchain protocol.

Features

Loopchain: A proprietary blockchain core engine supporting transaction collection, block generation, state management, and distributed ledger functions.

Wallet-as-a-Service: Custody-based key management with DID and PDS integration for secure identity and data management.

NFT-as-a-Service: Tools for managing all stages of NFT distribution, including minting, sales, and ownership management.

STO-as-a-Service: Solutions for fractional ownership and management of real-world assets through tokenization.

Token Management-as-a-Service: Comprehensive tools for token issuance, lockup, distribution, and circulation monitoring, with interchain token (ICT) support.

Interchain Technology: BTP protocol for trustless exchange of data, assets, and smart contract calls across heterogeneous blockchains.

Decentralized Governance: Tools for establishing and managing decentralized governance models and sustainable token economies.

dApp Developer Support: SDKs, developer center, and blockchain monitoring tools for streamlined dApp development.

Target Audience

Parameta targets businesses across various industries, including finance, gaming, and supply chain, seeking to integrate Web3 technologies into their operations without the need for extensive in-house blockchain expertise.

Revenue Model

Parameta generates revenue through a combination of API usage fees, custom solution development, and enterprise support contracts.

Sources:

1
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