Paravela delivers data integrity solutions to ensure trustworthy and accessible asset information across ownership and custody changes. The platform focuses on establishing comprehensive provenance data for assets, contracts, and supply chain components. This capability enables stakeholders to make informed decisions and mitigate risks associated with data compromise.
Funding
Funding not disclosed
Founders
Product
Problem
Organizations lack a way to ensure the trustworthiness and accessibility of asset data as it changes ownership, custody, and location across organizational boundaries. This can lead to distrust, inefficiencies, and potentially serious consequences.
Solution
Paravela offers a data integrity platform that empowers stakeholders with trustworthy and accessible asset data. By delivering data integrity and decentralized trust, Paravela helps organizations make informed decisions and mitigate risks associated with asset management. The platform captures comprehensive provenance data about critical assets, enabling secure, real-time sharing of asset information among stakeholders.
Target Audience
Paravela targets organizations involved in asset management, contract management, and supply chain management.
Features
- Provenance tracking for assets across their lifecycle.
- Secure data sharing among stakeholders.
- Decentralized trust mechanisms.
- Support for asset, contract, and supply chain management.