Blockchain is simply a way for two parties to agree on facts, without a third party (intermediary). This is actually a profound idea, which can create a better financial system and smarter money.
The traditional financial system is inefficient and costs too much, while not rewarding you your fair worth. Blockchain tech helps you own your identity and data, while trading financial services with others.
"Pryma" is a play on "prima", latin for first. We want our architecture to be the first financial service people onboard with as adults.
PrymaChain is an Ethereum-based private Blockchain with its native token called PrymaCoin. PrymaChain contains transaction data privately and securely, while creating a pseudonymous (not IRL) identity for you. PrymaCoin is the token used to price services on top of this data, for instance rewarding someone when their financial data is useful to someone else.
We are accepting a limited number of users during our beta test phase. Please signup using the link above. All you need is a smartphone (Android preferred).
If you are a UC Berkeley student, you can reach us via Berkeley Skydeck. are
No. Our business model is based on confidential trading of personal data, on top of which financial services can be built. Think of it as providing financial advice to your friends. If you found a good travel rewards credit card - that information is useful to someone else.
We use Ethereum - a highly secure chain, and our encryption alogorithms are the same as those used by leading banks. That said, Blockchain and cryptography are an area of research, so there is some level of inherent risk. We are initially testing this with beta users to validate market need.