Parameta
- Company typePrivate
- Founded2016
- HeadquartersSeocho, South Korea
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
Parameta firmographics
Firmographics- Name
- Parameta
- Legal name
- PARAMETA Corp. ((주)파라메타)
- Website
- https://parametacorp.com
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Parameta industry classification
Industry- Product category
- Blockchain Infrastructure
- NAICS
- Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182), Computer Systems Design and Related Services (54151), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- Finance Services (6199), Services-Computer Programming, Data Processing, Etc. (7370)
- akta.pro primary industry
- Smart Contract Developer Platforms & Tooling (SDKs, APIs, frameworks, indexing) (FSAPAAAH)
- akta.pro secondary industries
- Cross-Chain Messaging Protocols (general-purpose message passing) (FSAPAKAA), Compliance Identity & KYC/KYB for Wallets (on-chain identity, reusable KYC, travel rule tooling) (FSAPACAL), On-Chain Payments & Stablecoin Infrastructure (Issuance, Rails, Treasury) (FSAGAMAD), Smart Contract & Token Operations Infrastructure (Lifecycle, Corporate Actions) (FSAGAMAH), Deployment, Automation & DevOps (build pipelines, contract deployment tools) (FSAPABAH)
Keywords
Where Parameta is headquartered
LocationHeadquarters
- HQ city
- Seocho
- HQ country
- South Korea
- HQ region
- Asia
Offices2 records
Markets served
Parameta business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- SaaS/Subscription Services: Subscription-based blockchain infrastructure services including MyID 2.0 (DID platform), Parameta Service (Wallet, NFT, STO, Token Management), and Parameta Node Managed Service. Clients pay recurring fees for access to blockchain infrastructure without building own systems.
- Professional Services & Consulting: Custom blockchain platform development, integration consulting, and technical support services. Includes free consulting programs for stablecoin and STO business planning.
- API/SDK Licensing: Technology licensing fees for enterprise clients utilizing Parameta's blockchain SDK, APIs, and development tools to build custom blockchain applications.
- Public Sector Projects: Government contracts for blockchain infrastructure including K-BTF (Korea Blockchain Trust Framework), public blockchain shared infrastructure, and various digital identity projects for public institutions.
Go-to-market motion4 records
Distribution channels7 records
Marketing channels7 records
Parameta product offering
Product offeringCore offering
Parameta builds and licenses a full-stack proprietary blockchain technology platform spanning L0–L4 layers, anchored by its loopchain core engine, MyID decentralized identity (DID) platform, BTP interchain protocol, and PDS/BFS personal data storage. The company delivers these capabilities through a SaaS-based Web3 transformation service (Parameta Service) that lets clients adopt wallets, NFTs, STOs, token management, stablecoin orchestration, and certificate issuance via API integration without standing up their own blockchain infrastructure.
Product overview
PARAMETA is a Web3 Enabler offering a comprehensive blockchain technology portfolio spanning core infrastructure to application layer solutions. The product ecosystem is built on the proprietary loopchain blockchain core engine and Parameta Framework platform, supported by development tools, interchain protocols (BTP), and data management systems (PDS, BFS). The company provides Web3 transformation services through Parameta Service (SaaS) enabling easy API-based adoption of wallets, NFTs, STOs, and token management. Key products include MyID/MyID 2.0 (DID identity platform), Parameta W (wallet), Parameta S (STO), Parameta N (NFT), Parameta T (token management), ParaSTA (stablecoin orchestration), broof (certificate issuance), and Node Managed Service. The company recently expanded into stablecoin infrastructure with ParaSTA partnerships for payment networks, custody, and KYC solutions.
Differentiator
Problem solved
Functional benefit
Brands
- MyID: Decentralized Identifier (DID) platform for blockchain-based digital identity authentication, verified by over 3 million private and public users
- MyID 2.0
- Parameta W
- Parameta S
- Parameta N
- ParaSTA
- PortX
- broof
- ZZZing
Products and services
- Parameta Service SaaS-based Web3 transformation platform that enables businesses to adopt core Web3 elements including wallets, NFTs, STOs, and token management through API integration without building their own infrastructure. Targeted at enterprises seeking rapid Web3 transition.
- Parameta Framework Full-stack blockchain framework enabling development from Layer 0 through Layer 4, built on the proprietary loopchain core engine with PBFT consensus, Java/Python smart contracts, and BTP-based trustless interchain. Supports infrastructure-to-application layer development.
- loopchain Proprietary blockchain core engine and platform supporting a full-stack core engine from infrastructure layer to application layer. Features PBFT-based high-performance consensus algorithm, Java and Python smart contracts, BTP-based trustless interchain, and transaction processing of up to 20,000 TPS (targeting 100,000 TPS with loopchain 3.0).
- MyID Proprietary decentralized identifier (DID) platform for digital identity, authentication, and mobile resident cards. First W3C DID Method registration in Korea and first commercial DID service in the Korean financial sector; verified by over 3 million private and public users.
- MyID 2.0 Next-generation DID platform developed under the K-BTF public-sector blockchain demonstration project. First blockchain service to obtain CSAP certification in Korea. SaaS-based architecture enables public agencies to deploy blockchain services within one week with over 90% cost reduction.
- ParaSTA Stablecoin orchestration platform connecting issuance, settlement, payment, and API-based financial integrations within a unified digital finance infrastructure. Designed for financial institutions and payment providers to operate stablecoin-based services.
- PortX Blockchain-based payment solution enabling digital asset transactions and payments.
- Parameta Node Managed Service Blockchain infrastructure service providing full node management capabilities including introduction, management, and Q&A for global node provider services. Partners with Alchemy and QuickNode for optimized Web3 infrastructure with price advantages through rewards.
- broof Blockchain-based certificate issuance service that securely records certificate information on blockchain, making it tamper-proof and permanently preservable. Institutions can issue certificates without building separate databases; widely used across public sector including Seoul Metropolitan Government and National Police Agency.
Quantifiable outcome
- 90%+ cost reduction for blockchain service implementation
- +5 more outcomes
Companies that use Parameta
Customer profileNamed customers16 records
Segments6 records
Ideal customer profiles4 records
Parameta technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration7 records
AI capability2 records
Feature11 records
Parameta partnerships and signals
Strategic signalPartnerships
21 partnerships are on record, tiered core, major and minor.
- 하나테크 (Hana Tech)corePartnership for global stablecoin payment support including next-generation KYC-based stablecoin model and stablecoin debit card infrastructure.
- COOCONcoreLeading business data platform provider partnering with Parameta and Infiniteblock for stablecoin infrastructure expansion. COOCON provides stablecoin payment network across ecosystem of 2 million offline QR merchants, 100,000 franchise locations, and 40,000 ATMs nationwide.
- InfiniteblockcoreLicensed digital asset custody VASP partnering with Parameta and COOCON for stablecoin infrastructure expansion. Provides custody and digital vault services based on secure VASP-compliant wallet infrastructure.
- HanaTech (HanaWallet)coreGlobal stablecoin wallet provider offering multi-chain digital asset management and stablecoin debit card services. Jointly developing next-generation KYC-based stablecoin model and global stablecoin debit card infrastructure. Currently operational in Australia with expansion planned for Korea.
- Web3AuthmajorSingapore-based Web3 authentication and wallet infrastructure company enabling non-custodial Web3 wallets using Web2 social login (Google, Kakao). Partners with over 10,000 organizations globally and supports 20+ million monthly active users. Joins MyID Alliance as global partner to expand DID ecosystem internationally.
- Fingerlabs Inc.coreLeading blockchain company partnering with Parameta in consortium to build K-BTF (Korea Blockchain Trust Framework) public shared infrastructure. Utilizing FAVORLET NFT-based customer management solution to expand blockchain DID and NFT service models.
- Blocko XYZmajorStrategic business alliance announced with Parameta and Fingerlabs to expand Web3 ecosystem. Three companies sharing proven blockchain technology and know-how to build blockchain infrastructure without barriers to entry.
- NH Investment & SecuritiesmajorParticipating as technology company in NH Investment & Securities' STO Vision Group for token securities consultation and platform development.
- bitBLUEminorIP and content token securities platform operator partnering with Parameta to build token securities platform based on intellectual property and content as underlying assets.
- Shinhan EZ General InsurancemajorStrategic partnership with Parameta and PMGROW to build and activate EV battery residual life certification ecosystem. Shinhan EZ General Insurance developing services and products utilizing blockchain-based EV battery certificates for insurance offerings.
- AlchemycoreWorld's largest node provider (first in global market share) partnering with Parameta for Web3 infrastructure business expansion. First Korean partnership enabling enhanced Parameta Node Managed Service with optimized technology and consulting.
- PEBBLOUSmajorAI data quality assessment and synthetic data generation company partnering with Parameta to build blockchain-based AI model distribution ecosystem. Combines blockchain and AI to resolve ownership and copyright issues in generative AI models.
- SOLBRICmajorSolar power plant token securities platform operator (subsidiary of Next Solar Energy) partnering with Parameta to build Korea's first Solar Power Plant Token Securities Platform. Joint regulatory sandbox application and STO issuance/distribution.
- QuickNodecoreSecond-largest node provider globally (second in global market share) partnering with Parameta. First Korean partnership enabling expanded Web3 infrastructure services and strategic business expansion through global market access.
- CarS TOgethermajorMobility token securities platform operator partnering with Parameta to build Korea's first Mobility Token Securities Platform for automobiles. Joint regulatory sandbox application and STO for long-term rental and used car sales.
- plutospartnersmajorNPL token securities platform operator partnering with Parameta to build Korea's first Real Estate NPL Token Securities Platform. Joint financial regulatory sandbox application and STO platform development.
- PMGROW Corp.coreBattery company covering most of battery value chain, partnering with Parameta for EV battery residual life certification service. Combines blockchain technology with AI algorithm for battery evaluation and diagnosis. Leading 2023 Blockchain Private Sector Focus Project.
- YOUHAminorFirst and largest YouTube creator advertising funding intermediary platform in Korea, partnering with Parameta to build Content Fractional Investment Platform for YouTube videos, dramas, webtoons, and entertainment content.
- GREENERY (POPLE)minorOperator of Korea's first Voluntary Carbon Reduction Credits Trading Platform, partnering with Parameta to build Certified Emission Reductions Fractional Investment Platform using STO for carbon credit investment.
- SPITZENminorPremium automotive company partnering with Parameta and PIPELINE to build mobility fractional investment platform using STO and membership NFT for classic car investment.
- PIPELINEminorWeb3 Accelerator discovering promising projects domestically and internationally, partnering with Parameta and SPITZEN for mobility fractional investment platform with mass Web3 adoption focus.
Scale indicators11 records
Recent moves6 records
Expansion highlights6 records
Parameta competitors and assessment
Company assessmentBroad incumbents
- Hedera Hashgraph: Hedera is an enterprise-focused distributed ledger with high throughput and council-governed governance. It competes for the same enterprise and public-sector blockchain workloads that Parameta targets, especially where token-less, governance-heavy deployments are required.
- Cosmos / Interchain Foundation: Cosmos provides IBC, a cross-chain messaging protocol comparable to Parameta's BTP, plus the Cosmos SDK for building app-chains. It competes with Parameta's interchain and full-stack framework positioning in the cross-chain interoperability market.
- ConsenSys: ConsenSys provides Infura node infrastructure, MetaMask wallets, and enterprise blockchain tooling. It competes with Parameta's developer infrastructure, wallet-as-a-service (Parameta W), and DID ambitions through line-of-business offerings in global enterprise and finance.
- Avalanche Foundation: Avalanche is a high-throughput Layer-1 blockchain with subnets and strong institutional adoption positioning, including tokenization use cases similar to Parameta S. It competes for enterprise tokenization and stablecoin infrastructure deals globally.
- Polygon Labs: Polygon provides a suite of L2 scaling solutions and developer tooling (SDKs, APIs, indexing) around Ethereum. It competes with Parameta's framework for enterprise blockchain application development and brings a far larger developer ecosystem and EVM compatibility.
Direct peers
- Alchemy: Alchemy is the world's largest blockchain node provider and developer platform. It is simultaneously a strategic partner to Parameta (Parameta Node Managed Service) and a competitor, since its broader developer platform can serve the same enterprise and Web3 customers Parameta targets with its own tooling.
- Klaytn Foundation: Klaytn is a South Korean Layer-1 blockchain originally incubated by Kakao (GroundX). It is the most direct domestic competitor to Parameta's loopchain, competing for Korean enterprise and public-sector blockchain workloads, with a BaaS offering and an established token economy that Parameta lacks.
- Blocko: Blocko is a Korean enterprise blockchain (BaaS) company providing Aergo and enterprise blockchain solutions. It is both a partner of Parameta (strategic alliance with Fingerlabs) and a direct competitor for Korean enterprise blockchain deployments across finance and government.
- WEMIX (Wemade): WEMIX is a Korean Layer-1 blockchain operated by Wemade targeting gaming and enterprise use cases. It overlaps with Parameta's gaming vertical (NFT, P2E, wallets) and competes for Korean enterprise blockchain infrastructure deals, particularly in the Web3 gaming market.
Others
- ICON Foundation: ICON Foundation operates the ICON public blockchain ecosystem and was the lead investor in Parameta's 2019 Series A (when the company was still ICONLOOP). It is now a related-party ecosystem rather than a direct competitor, but its ongoing roadmap shapes developer mindshare that affects Parameta's chain adoption.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks7 records
Key highlights7 records
Customer concentration
Parameta social profiles
Digital presenceParameta compliance and trust
Trust signalCompliance4 records
Parameta financial estimates
Financial estimateRevenue estimate
Valuation estimate
Parameta leadership team
Management profileNumber of profiles
Profiles6 records
Parameta funding detail
Funding detailFunding overview
Funding rounds6 records
Investors9 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Parameta M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Parameta
What does Parameta do?
Parameta builds and licenses a full-stack proprietary blockchain technology platform spanning L0–L4 layers, anchored by its loopchain core engine, MyID decentralized identity (DID) platform, BTP interchain protocol, and PDS/BFS personal data storage. The company delivers these capabilities through a SaaS-based Web3 transformation service (Parameta Service) that lets clients adopt wallets, NFTs, STOs, token management, stablecoin orchestration, and certificate issuance via API integration without standing up their own blockchain infrastructure.
Is Parameta a public or private company?
Parameta is a private company. It is classified as venture growth investor backed and is currently operating.
When was Parameta founded?
Parameta was founded in 2016. It employs 11 to 50 people.
Where is Parameta based?
Parameta is headquartered in Seocho, South Korea, in the Asia region.
How does Parameta make money?
Four revenue lines are on record. SaaS/Subscription Services are the primary driver. The others are professional Services & Consulting, API/SDK Licensing and public Sector Projects.
Who are Parameta's main competitors?
Broad incumbents on record are Hedera Hashgraph, Cosmos / Interchain Foundation, ConsenSys, Avalanche Foundation and Polygon Labs. Direct peers are Alchemy, Klaytn Foundation, Blocko and WEMIX (Wemade). ICON Foundation is listed as an others.
Does Parameta have an API?
Yes. PARAMETA enables Web3 transformation through API integration without requiring infrastructure setup. The Parameta Service provides API-based access to Web3 core elements including Wallet, NFT, STO, and Token Management. Parameta T supports token issuance through ICT-Interchain Token specification, enabling tokens to connect across multiple chains via BTP interchain protocol.
What industry is Parameta in?
Parameta's product category is Blockchain Infrastructure. Its primary akta.pro industry code is FSAPAAAH, Smart Contract Developer Platforms & Tooling (SDKs, APIs, frameworks, indexing), with a secondary code of FSAPAKAA, Cross-Chain Messaging Protocols (general-purpose message passing). Its NAICS code is 5182 and its SIC code is 6199.