Business Showcase : Etherparty

Describe the company – elevator pitch …

Etherparty’s vision is to become a leader in digital exchanges, whether for business or individuals. Smart contracts are the way of the future because it will change how transactions are executed with all kinds of goods, services and commodities. Etherparty will be at the centre of powering the future of commerce.

How are you different?

The platform enables users with minimal knowledge of smart contract programming and legal jargon to create an enforceable, self-executing digital agreement for all types of transactions.

Why will you do well?

Etherparty is committed to listening to users in order to maximize the effectiveness of our smart contract tool. By listening to our users, we can create a tool that powers the future of commerce in our world. Beyond that, we provide an added layer of inherent security and transparency via blockchain technology.

Where are you based?

We are based in Vancouver, BC, Canada, however; we have staff in the U.S., U.K., Montreal, and Malaysia.

When was the company launched?

Etherparty was established in 2015.

What have been your biggest wins to date?

A large number of partnerships has enabled Etherparty to significantly increase the number of users who can use the tool.
We are partnering with leading exchanges and industry leaders such as:
Jaxx: integration in their wallet application, which strengthens the mobile integration and adoption of Etherparty’s smart contracts.
DigitalX: DigitalX will be instrumental in providing insights to EP based on their expertise, as well as introducing EP to its expansive network in Australia and China, two of the most important blockchain markets.
Rootstock: interoperability on the world’s first open-source smart contract platform powered by Bitcoin. This brings EP’s versatile contract templates to more users on both the Bitcoin and Ethereum platform.
TaaS: Partnering with the first tokenized closed-end fund underscores the potential of Etherparty, which is recognized by a team which typically backs winners in the space.
DCX: This partnership is a key step in strategically positioning EP in the rising APAC market. From Singapore to India, more users will be able to trade FUEL and run transactions on the Etherparty platform.

Who are you trying to attract to your product?

Etherparty is focused on attracting all business users who can benefit from using a smart contract tool like ours. Enterprise is a big focus for Etherparty, we have detailed out a development roadmap for API. We firmly believe that processes in enterprise use cases can be better managed through automated contract fulfilment ranging from a supply chain, trade finance, real estate, law, and payments.

What tips would you give to others looking to build their business?

Lisa: If someone tells you it’s a bad idea, but you feel otherwise – you should do it anyways.

Tell us about your team?

We have a diverse and talented team of 21 staff who power Etherparty, including some notable advisors that include Michael Perklin and Anthony Di Iorio.

What are your long-term plans?

We’re looking to maintain the momentum from our successful funding rounds by amping up on the fine-tuning process of our platform. We continue to engage with our users and the community, and we’re always keen on receiving feedback, especially from the over 500 testers that we invited to try out our Beta. Building a reliable and intuitive product has always been our focus, and this task will continue to be our main focus going forward.
Etherparty’s vision is to become a leader in digital exchanges, whether for business or individuals. Smart contracts are the way of the future because it will change how transactions are executed with all kinds of goods, services and commodities. Etherparty will be at the center of powering the future of commerce.

What are your favourite tech gadgets?

Lisa Cheng likes her keep key hardware wallet, Google chromecast, 1080p webcam, Kodi tv box, XY wearables.

What tech gadgets do you wish you could use to help you?

I wish I had an AI-powered executive assistant – like an Amy.x.ai and Alexa on steroids with grasping hands and multi-terrain wheels.

Why did you start Etherparty?

(Lisa)
From previous experiences with enterprise solutions, I’ve also experienced the difficulty for companies to create an effective system to run their business, that’s why I want to tap into the versatility of an automated smart contract creator based on Ethereum to lower that barrier for businesses and even individuals. With that, the idea for Etherparty was born.

(Kevin)
As businesses become more familiar with the potential and ecosystem in the blockchain world, the next evolution will be driving the mass adoption of this technology. The first phase was the migration from the public blockchain to private blockchains, now, in addition to the token infrastructure every blockchain relies on, the next step will be making smart contract creation easier for businesses to execute different orders on the blockchain. This is where the industry is heading, and we started Etherparty precisely to help catalyze that change.

How do people get in touch with you?

Those interested in purchasing FUEL are encouraged to monitor the company website here or join the conversation on Facebook, Twitter, BitcoinTalk, and Telegram.

Prepared and edited by @EdinaZejnilovic, Journalism Student at DCU

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If you would like to have your company featured in the Irish Tech News Business Showcase, get in contact with us at Simon@IrishTechNews.ie or on Twitter: @SimonCocking