Cross-chain distributed ledger
Take control of your crypto tokens in one place
Simplify holding and rebalancing of crypto assets
Our
What We Do
praeco is a distributed ledger platform, kept fully on-chain
Our technology revolutionises the custody of digital assets
praeco fills a technology gap that improves outcomes for token holders and institutions alike
Token holders gain control and security over their holdings
The company has developed software based on artificial intelligence (AI) models. It provides an onboarding & financial prediction system in near real-time for IFA firms in the UK
Our platform eliminates headaches and costs of centrally managed custody and token-bag management systems
Our system provides cross-chain compatibility and integrates side-chains for ledger and transactions
Scalable system in variety of holdings and number of token bags
Our platform is highly scalable in terms of number of token bags and their holding size, as well as in the variety of holdings, organised in one place
Dynamic and customisable rebalancing technology for all solutions
Our rebalancing framework supports custom rules and provides functionality for balancing speed and cost of the operations according to the user's needs
Our History & Ambition
praeco has evolved from fundamental research and technical innovation
Our ambition is to become a cross-chain custody proposition, based on our fully on-chain hosted ledger technology
praeco will be a research fuelled technology partner for institutions and digital custodian for all sizes of investment portfolios
Our Technology
praeco is building distributed ledger technology (DLT)
Our software is compatible with growing number of protocols and associated side chains
praeco will manage mass volume, across retail and institutional token holdings
All centralised solutions for storage and security are eliminated by fully on-chain storage
The system is fully on-chain and eliminates the need for any central custodian or storage entity
At its core, our DLT offers a generic protocol for cross-chain communication, peer-to-peer (P2P) token movement, and multi-party access
The software protocol allows for easy integration of side-chains, including discovery of newly formed side-chains n
The protocol allows for multi-party access to token bags, ensuring a level of security equivalent to or beyond the underlying chains
The traditional need for hot and cold storage in centralised systems is completely eliminated, pushing all components to chain-based solutions building on the novel protocol
The system allows rebalancing within short time-frames and in a customisable fashion, through the P2P token movement protocol
With the integration of side-chains and a generic underlying protocol, we allow for optimisation of the rebalancing activities. Optimisation targets can be any of speed, transaction cost, or even include security considerations for the selection of transaction routes
The rebalancing is P2P-based, eliminating the reliance on exchanges, while the technology is well suited for both within-exchange and cross-exchange balancing tasks
It captures, categorises and predicts, every type of client account action that ultimately results in a cash movement, beyond pensions, investments, loans, mortgages, and property
praeco disrupts the mainstream token marketplaces
With token holdings being either in personally managed cold storage or in centralised systems built on top of the blockchains, our offering disrupts the market of token custody and rebalancing
By connecting multiple main chains and their side-chains, as well as the associated cost-speed tradeoffs, we provide a 2D scaling of token custody control
Private investors can benefit from the security and cost effective solutions regardless of holding size
Control and full transparency is given to the bag-holder through the on-chain nature of the storage, letting them understand their portfolio without the need of a central entity
Investors are protected against outage and maintenance events of centralised systems, as well as data loss situations
Institutions can utilise the system for providing efficient custody services tailored to their investors, without the maintenance and security burden of a centralised system
Exchanges can provide efficient rebalancing where the in-house transactions and outside transactions can be optimised together in a decentralised fashion
Creation of novel digital asset products is easier than ever. E.g. rules for crypto-index funds and ETFs are trivial to implement on our novel protocol
Custody of complex asset combinations is easy and allows for scaling both in value and number of elements involved
praeco is a research based company
Our technology and intellectual property (IP) is wholly based on fundamental research undertaken in-house
Out team consists of skilled researchers and software engineers, spanning disciplines from pure mathematics, computational modelling, financial trading, and more, with a number of PhDs and scientific publications across the group
Our applications manifest the innovative implementations of the team’s research ideas and excellence, coming from being the dreamers and the doers as well
General & Technical Enquiries:
enquiries@praeco.digital
© Praeco Limited 2022-2023 (Previously Socius Technologies (CS) Limited)