Infrastructure for the Next Generation of Finance

Real Dollars on the Blockchain

Cash – backed

Stablecoin

Infrastructure

About Us

Who is Emparta?

Emparta is a FinTech company with a vision of replacing the legacy financial systems with a seamless, highly efficient blockchain infrastructure. Existing financial systems and products operate on a decades old infrastructure. This is slow, expensive and makes ordinary banking services inaccessible to many.

Emparta has established a solution that enables the transmission of money (e.g. AUD, USD, GBP, YEN etc.), utilising blockchain technology and offers the first Australian Dollar (AUD) backed digital currency (eAUD).

The Emparta infrastructure delivers an efficient and instantaneous payment system that is highly secure and useful for all kinds of commercial transactions (e.g. P2P, PoS, escrow, Forex, e-commerce etc.). Enabling “real money” to be transmitted on the blockchain results in the ability to incorporate the use of smart contracts and automation. Using Emparta’s API, FinTech companies and third-party platforms can establish the next generation of financial products and services.

The future of FinTech will be built with Emparta infrastructure.

Problem

A stable unit of account within the decentralised economy

In order for current financial systems to transition into the blockchain age, a stable unit of account is critical. Presently, adoption of blockchain solutions for day to day transactions remains comparatively low. Whilst transaction speeds and efficiency continue to improve, price volatility that is synonymous with typical cryptocurrency acts as a disincentive for those seeking to use blockchain solutions as a means of reliable and stable commerce.

Solution

The Emparta Fintech Infrastructure

Emparta solves this problem by delivering an infrastructure that facilitates the digitization of ordinary cash on the blockchain. This is achieved by issuing a cryptographic token on the blockchain (known as a stablecoin) that is backed 1:1 by actual cash reserves held by licensed custodians and trustees.

The Emparta FinTech Infrastructure comprises three core aspects that make this possible:

Compliant, Transparent and Audited

Fully transparent and audited treasury

Emparta has appointed PKF Australia as its independent third-party auditor for its treasury. Through regular and random attestations, PKF will ensure that each and every eAUD Token is backed by real 1 for 1 cash reserves which are held by an independent and fully licensed custodian and trustee. Tokens are fully redeemable for their underlying AUD cash value.

API Infrastructure

A platform for development

The Emparta infrastructure includes an API for partner platforms (e.g. decentralised applications, payments systems, exchanges etc.) to use as a seamless on and off ramp for dollars on the blockchain. The Emparta API interacts directly with the treasury infrastructure providing an automated process for the minting and redeeming of coins. Cash received by the Emparta treasury can be converted into newly minted eAUD that can be sent to a digital wallet or a smart contract.

Digitised Dollars on the Blockchain

Easily transferable and redeemable for $AUD

eAUD is easily transferable on the blockchain and fully redeemable for its underlying cash backing to nominated bank accounts. This offers a critical bridge between the traditional dollar-based economy and the emerging decentralised economy ensuring stability and certainty of value.

How Emparta can be used

Multiple Use Cases

The Emparta FinTech Infrastructure has multiple use cases beyond digital currency exchanges and traders.

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Foreign Exchange
Efficient means of transfer

The Emparta token is a highly efficient means to move money between international boarders without dependency on international banking.

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Real dollars for DApps
Bridging traditional commerce and the Blockchain

Emparta can be used by DApps as an onramp and offramp for traditional currency to its users.

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Payment Systems
Programmable money on the Blockchain

Using Smart Contracts, Emparta offers automated payments without third parties such as PoS and escrow.

Our Media

Emparta in the News

TIMELINE

Where are we at?

The Emparta project has recently completed a working prototype that is deployed to the Ethereum testnet with a clickable and demonstrable interface.

2018 Q1
Idea Conception
  • Scoping and Design
  • Project Discovery
2018 Q2
Team Announced
  • Commencement of Prototype
  • Seed Funding
2018 Q3
Key Partnerships
  • Partnership with Bit Trade
  • Finalisation of treasury model
  • Prototype deployed on Ethereum Testnet
2018 Q4
Final Development Sprint
  • Legal Compliance Sign-off
  • Testing of Alpha build
2019 Q1
Auditor Appointed
  • Treasury Auditor Appointed
  • Stablecoin technology final testing
2019 Q3
Custodian Appointed
  • Custodian Partner Appointed
  • Private Equity Funding
2020 Q2
Treasury Funding
  • Capital investors seed treasury
  • Funds held by custodian partner
Q1 2021
Stablecoin Launched
  • eAUD launched with partner exchanges
  • Use cases expanded
Meet The Team

Executive team

Emparta has a world class team of executives with decades of experience in the delivery of large scale technology projects.

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Adam Sarris
Co-Founder and CEO

A serial entrepreneur, Adam Sarris has extensive experience in the design and implementation of technology-based business solutions. Along with James Hill, he co-founded Squaddle, a successful online platform in Australia that provides hospitality workers on demand

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James Hill
Co-founder & COO

James Hill has extensive experience in leading large-scale, technology-based operations. He’s the co-founder of Squaddle with Adam Sarris and has more than 18 years of experience in high-profile roles across multiple industries including including serving as GM of retail for iiNet, Australia’s third-largest ISP.

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Laura Dew
Chief Marketing Officer

Laura is a highly respected marketing professional with more than 15 years of experience in marketing and PR internationally. This includes roles as the Director of Marketing Asia Pacific for Yelp and Chief Marketing Officer for Crowd Connect.

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Phil Carulli
CFO

Phil is a Director of Optima Partners and a highly experienced corporate advisor. Phil specialises technology and start-up businesses assisting them with structuring, raising capital, growth strategy through to IPO/ICO, along with providing corporate compliance and governance whilst acting as Company Secretary and Director.

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Michael Mylonas
Community Manager

Michael is a self proclaimed  'cryptocurrency obsessive' with a passion for all things crypto.  He is also an experienced marketing and social media expert making the combination of his two passions the perfect blend for Community Management.

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Alvaro Jimenez
Strategic Advisor

Alvaro is the founder of Gaudium Capital and a former Blockchain Strategic Advisor for New Alchemy and Finance Manager for Microsoft. Alvaro has extensive experience in aligning the strategy of blockchain based enterprises to the needs of capital markets and investment groups.

Meet the Advisors

Our World Class Project Advisors

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Lance Brockway
Industry Advisor

Lance is a highly respected Technology Executive having held senior positions at INPEX as GM of Application Build Services and GM of Technology for GESB Superannuation among many others. Lance has extensive experience as project director for dozens of large scale software development projects in the Finance and Resources industries.

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Christian Ferri
Blockchain Evangelist

Christian is a renowned expert in Blockchain, ICOs and Cryptocurrencies who has given presentations across the world including the World Economic Forum in Davos, Switzerland, and the Blockchain Economic Forum in New York, Singapore and San Francisco.Former Lead at PwC Tech.

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Greg Cartwright
Technical Advisor

Greg is the former Head of Technology for Asgard Wealth Solutions one of Australia’s largest wealth management companies and has decades of experience in large scale technology development projects. Greg has international experience having worked for the Royal bank of Scotland as Development Manager.

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Ian Lord
Project Advisor

Ian is a highly experienced technology specialist having held Directorship roles for Ernst & Young as well as PwC where he led Enterprise Applications and Transformation Services. He is one of Australia’s most respected IT practitioners having been involved with more than 50+ separate ERP implementations around the world. Ian is a crypto and blockchain enthusiast.

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Matthew Hawken
Legal Counsel (DWF Law)

Matthew is a Supervising Lawyer at DWF (Australia) (admitted England & Wales) and has more than 20 years experience in legal and commercial advisory roles.  His specialities include digital currency exchange and brokerage, blockchain solutions as well as banking and finance.

Contact

Get In Touch

Got a question or a proposal?  Reach out to us and we’ll get back to you shortly