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.