ChromaWay is the blockchain technology designed for the pioneers of the modern world. Since it has been established as a cryptocurrency/blockchain based platform – back in 2014, they’ve been developing and refining their approach to help improve the industry as a whole. ChromaWay works with public and private sector participants to build and support applications that run on the system. Real Estate and finance are the two principle avenues operated on the blockchain technology software.
ChromaWay & E-Krona Project
E-Krona, a new e-currency by ChromaWay has been working with a company called Sofitto to make the SofiWay, which is a Blockchain Based technology platform designed to enable payments to be made between two separate individuals. The system makes it simple, flexible and built with an extensible architecture that can support a wide variety of applications and integrations. SofiWay has essentially been designed to back up the creation of the E-Krona Token, a currency that is in development under the watch of the Swedish Bank.
Universal Identity Hub
There is also the Universal Identity Hub, a powerful project geared towards finding solutions for the United Nations Women Blockchain Live Test and Simulation in partnership with the Cadasta Foundation and Abt Associates. The project aims to connect women and families who live in dangerous areas as well as fragile environments, thereby giving them access to secure communication facilities.
Green Assets Wallet
One of the other portions of the project is the Green Assets Wallet, a portion of blockchain used to validate green investments and equip green investors with the tech needed to deliver goods in the best possible way, in regard to the Paris Climate Agreement. This is in direct collaboration with Sweden’s Stockholm Green Digital Finance.
ChromaWay will be used to build a new platform, capable of validating new investments on the effects their earth projects are having on the environment. They will also in turn, provide trusted verification and validated infrastructures, which will only be unlocked through the use of the Green Assets Wallet. More specifically, when used on massive mobile platforms and developed for new markets.
The project is now funded and has been developed in cooperation between the EMDF and GIZ. They are both European organizations that have decided to collaborate to make the best of the economic and climatic changes happening in the world.
ChromaWay in Conclusion
The platform is a newly developed system, that has been geared to work in alignment with the way the world is changing. It is a platform made up of several different peoples from all over the world, each of whom is coming together to make the economic world a better place for all.