The highest grade the rating system awards - and what it says about where we are headed
PARAMETA has proven the strength of its technology by earning TI-1, the highest technology grade available, in the Technology Credit Bureau (TCB) evaluation conducted by credit rating agency NICE Information Service.
So what is a Technology Credit Bureau (TCB) evaluation?
It is a rating system that analyzes a wide range of factors across four areas - technology, marketability, business viability, and management capability - and reflects the combined assessment in a grade, sorting companies into ten levels from TI-1 down to TI-10.
The TI-1 investment technology grade PARAMETA received is the top rating the system certifies. It signals exceptional technology, a market with strong growth potential, and future growth prospects at the highest level.
Since its founding in May 2016, PARAMETA has built on proprietary blockchain technology to deliver loopchain, its in-house blockchain core engine, and MyID, a decentralized identity verification platform based on DID (Decentralized Identifier) - successfully applying both across numerous associations, public institutions, and enterprises in a wide range of industries. Beyond operating its own blockchain mainnet, the company has secured the capability to build a dApp ecosystem, providing SDKs and API services that let dApp services tap into interchain functionality with ease. That track record has cemented its standing as a first-generation blockchain technology company.
Today PARAMETA is focused on a business model that supports professional Web3 Transformation, built on advanced blockchain and Web3 technology together with optimized platforms, solutions, and services. The business runs primarily on two pillars: PARAMETA Framework, which builds Web3 platforms, and PARAMETA Service, which supports Web3 transitions through a SaaS model. The company is also moving aggressively into new markets, including efforts to combine blockchain with AI.
PARAMETA was recognized for excellence in technology, marketability, and business viability, and also scored highly on the expertise and management capability of its leadership - which together earned it TI-1, the top investment technology grade.
This TI-1 rating feels like the fruit of everything PARAMETA has worked toward since its founding: developing blockchain and Web3 technology without pause, applying it across industry, and leading the innovation that follows. We will keep pushing forward so that the growth of the blockchain industry and the growth of PARAMETA advance together. :)
[Reference] Read the full PARAMETA press release ▼
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Web3 Enabler, PARAMETA