Chromia (blockchain)
| Chromia | |
|---|---|
 | |
| Previous names | Chromapolis |
| Development | |
| White paper | Platform white paper |
| Initial release | 2019-05-20 |
| Code repository | gitlab |
| Developer(s) | ChromaWay |
| Source model | Open-source |
| Website | chromia |
| Ledger | |
| Timestamping scheme | Proof-of-stake |
| Block explorer | explorer |
| Circulating supply | 838.34M |
| Supply limit | 978.06M |
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Chromia (initially Chromapolis) is a blockchain platform that stores information in a relational database format, developed by the Swedish company ChromaWay. It is designed for decentralized applications and has been used in gaming, finance, traceability, and real estate.
History
The developer of Chromia, ChromaWay, was founded in 2014 by Henrik Hjelte, Or Perelman, Alex Mizrahi, and Iddo Bentov.[4] The founders had been involved with Colored Coins technology to expand blockchain usage beyond cryptocurrency, and later developed the Chromia blockchain for real-world application use cases.[5]
In 2017, an early prototype of Chromia was used in a pilot test to apply blockchain technology for land records in Visakhapatnam, Andhra Pradesh, India.[6][4] In 2018, the prototype was also used in a pilot project with Sweden’s land registry Lantmäteriet to implement blockchain technology in real estate transactions.[7]
Use Cases
Chromia is described as facilitating the development of decentralized applications, with stated goals including scalability, user-friendliness, and the elimination of transaction costs (gas fees). The platform supports real-world use cases, in industries such as gaming, real estate, finance, and traceability.[8][4]
One area where Chromia has been applied is blockchain gaming. The company’s subsidiary, Antler Interactive, developed My Neighbor Alice, a decentralized game utilizing non-fungible tokens (NFTs).[9] The platform has also been used in the creation of metaverse game Mines of Dalarnia.[4]
Early versions of Chromia have been used in real estate and land registry projects, including pilots in Sweden, India and Latin America, with the stated aim of improving transparency and security in real estate transactions.[1][8][7][6]
Chromia has been applied for traceability to enable tracking of products through supply chains and product lifecycles for the stated purposes of food safety, provenance verification, and compliance tracking.[10] Chromia is also utilized in the finance sector for development of decentralized finance applications.[4]
Funding
ChromaWay has raised several rounds of investment related to the development of Chromia. In 2018, the initial funding was made through an initial coin offering of $15 million.[11] In 2022, the company raised 90 million SEK (approximately $10 million USD) from True Global Ventures and others to expand its blockchain ecosystem.[8][12][4]
References
- ↑ 1.0 1.1 Konashevych, Oleksii (2019). Tokenization of Assets and Rights: Blockchain as a Tool for the Implementation of Property Rights (PDF) (PhD thesis). University of Bologna. Retrieved 2026-08-03.
- ↑ "Chromia (CHR) price, market cap, and info". CoinMarketCap. Retrieved 2026-08-03.
- ↑ "Chromia Platform Whitepaper" (PDF). Chromia. 2019-05-20. Retrieved 2026-08-03.
- ↑ 4.0 4.1 4.2 4.3 4.4 4.5 Pratama, Aditya Hadi (2022-01-13). "Animoca Brands investor leads $10m round of a Web3 pioneer". Tech in Asia. Retrieved 2026-08-03.
- ↑ Widhagen, Emil (2022-04-22). "Svenska blockchain-doldisen gör monstervinst – behåller allt för att skala upp". Breakit (in svenska). Retrieved 2026-08-03.
- ↑ 6.0 6.1 Chakraberty, Sumit (2017-11-20). "Tomorrowland: Indian state's pilot shows the world how to put land records on blockchain". Tech in Asia. Retrieved 2026-08-03.
- ↑ 7.0 7.1 Ottsjö, Peter (2019-05-14). "ChromaWay tar blockkedjan till nästa nivå". Ny Teknik (in svenska). Retrieved 2026-08-03.
- ↑ 8.0 8.1 8.2 Ek, Henrik (2022-01-13). "Global kryptofond investerar när 'Sveriges Ethereum' tar in 90 miljoner". Dagens Industri (in svenska). Retrieved 2026-08-03.
- ↑ Ek, Henrik (2021-03-15). "Svenska kryptovalutan släpptes i går – har rusat 30 000 procent". Dagens Industri (in svenska). Retrieved 2026-08-03.
- ↑ "Traced Systems: Blockchain Solutions for Supply Chain Transparency". Retrieved 2026-08-03.
- ↑ Lundell, Stefan (24 October 2018). "Chromapolis får in 135 miljoner – nu utmanar Henrik Hjelte Ethereum". Breakit (in svenska). Retrieved 2026-08-03.
- ↑ Blixt, Tobias (2022-01-13). "ChromaWay fyller kassan med 90 miljoner – 'Har varit pionjärer'". Breakit (in svenska). Retrieved 2026-08-03.
External links
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Category:Blockchains Category:Cross-platform software Category:Cryptocurrencies Category:Relational database management systems Category:2014 establishments in Sweden Category:Currencies introduced in 2014
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