Key Takeaways
- Flare, a blockchain data company, has partnered with Rationarium, which offers comprehensive enterprise solutions for Web 3.0.
- Flare will utilize Rationarium’s buy ledger and treasury function to manage both cryptocurrency and fiat data.
Operating as a blockchain data company, Flare announced a partnership with Rationarium, which provides comprehensive and enterprise solutions for Web 3.0. Flare will benefit from Rationarium solutions in many areas, such as accounting, grant management, finance, tax, HR, expense management, and payroll with this collaboration.
Providing Web3 software services to corporate companies, Rotionarium consolidates all on-chain and off-chain transactions into a single built-in ledger and supports web3 / blockchain companies. In addition, it provides services such as enterprise resource planning, organization-specific tax, and accounting modules according to the needs of its customers.
Flare has collaborated with Rationarium to use its buy ledger and treasury function to manage cryptocurrency and fiat data. They will also use Rationarium’s solutions to manage grants and tokens. Furthermore, all Flare employees and contractors can control their spending through Rationarium and be paid in fiat currency or crypto.
Rationarium Founder and CEO Amaan Jalwa stated that the collaboration of Rotionarium and Flare would make it easier to manage and record both fiat and crypto operations. He said they are working closely with the Flare team over a grant management platform for Layer 1 protocols to manage the grant processes better.
About Flare
As an EVM-based Layer 1 blockchain, Flare provides developers with decentralized access to cross-chain integrity data. This enables the development of unique real-world applications and decentralized solutions for organizations and individuals to embrace and benefit from.
Flare’s State Connector Protocols ensure that data from the internet and other blockchains are processed by smart contracts on Flare and used securely, reliably, and scalable manner. Flare Time Series Oracle, on the other hand, provides decentralized pricing and data flow to data applications on Flare, independent of central providers.
About Rotionarium
Rationarium is a company that provides web3 and blockchain companies with SAAS accounting services. Rationarium, founded in 2022 and based in London, services a wide range of clients, including blockchain protocols, exchanges, digital asset brokerages, and web3 businesses.
Source: https://coincodex.com/article/26973/flare-collaborates-with-rationarium-to-introduce-comprehensive-web3-erp-solution/