Chroma is a new kind of marketplace for local and impact investing. Our open source technology helps businesses, loan funds, charitable foundations, and investors join together in the future of impact investment.
Our core technology is a decentralized, peer-to-peer application that allows investors and businesses seeking capital to transact securely. Once a consortium of trust has been established (for example, between certified CDFIs and licensed Investment Advisors), investors may create “smart contracts” that dictate the conditional terms under which a debt asset would be exchanged. For instance, it’s possible to write a contract that says, “invest in $25k in loans where the borrower has a minimum FICO score of 700 and has never made a late payment.”
By creating an open protocol for trade automation and a user-friendly web application to guide non-technical users through the process, Chroma has created a marketplace that doesn’t rely on Wall Street to operate. Instead, Chroma is ideal for a new generation of investors who wish to grow their local economies.
Join us in our mission to build the first real peer-to-peer financial market.