I got this off of the white papers
"Paragon is built with smart contracts on the Ethereum blockchain. It is an advanced,
open and completely decentralized application platform. Ethereum uses all the
strengths of Bitcoins original technology. Blockchain was first established as a digital
currency for use in financial systems, but the second generation blockchain and
its associated smart contract technology can be used for so much more." whitepaper:
https://paragoncoin.com/whitepaper.pdf I hope this helps , Best of luck