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Param Network leverages blockchain to create a platform that reduces the complexity of handling invoices without compromising transparency.
Param Network was founded by Vaideeswaran Sethuraman. It has created a technology platform based on blockchain technology, which can reduce the complexity of handling invoices while also ensuring there is trust and transparency in the entire process. Param’s blockchain technology platform brings in multiple advantages: eliminates the use of paper and also allows sharing of invoices electronically on a real time basis with a digital signature. Digital signature is very critical as it enables the entire transaction to be secure while sharing the document. It also creates an audit trail, which ensures there is no link broken in the entire process. Param’s platform also enables easy integration with any technology system already in place within the organisation. Param’s business model is not the typical software as a service (SaaS) system. Its revenue is largely measured on the traffic that goes into the network.
Legal Name
:
ParamNetwork PTE LTD
No. of Employees
:
11 to 20
Core Team
:
1.
Vaideeswaran Sethuraman
Founder
Investors
:
1.
AECAL - Asian E-Commerce Alliance
2.
T-Hub
Simbott
Simbott is recognized as a leading AR VR & MR company in India, delivering next-generation immersive simulator solutions that are transforming how industries train, upskill, and operate. With a strong focus on innovation and performance, the company helps organizations adopt smarter, more efficient training systems using virtual environments that replicate real-world conditions
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