Flare Partners With Rationarium to Implement Full Stack ERP Solution for Web3

May 12, 2023

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We’ve got some exciting news in the world of crypto and blockchain. The data-focused blockchain company, Flare, is joining forces with Rationarium, the creators of the first full-stack cloud enterprise solution designed explicitly for web3. The crux of this partnership? Flare will leverage Rationarium’s versatile tools to manage a range of business operations, from grants and accounting to tax, HR, and even payroll.

Let me give you a brief on Rationarium. They’re a dedicated ally to web3 and blockchain companies, proficiently merging off- and on-chain transactions into a single, unified ledger. They’ve also crafted an ERP (enterprise resource planning) solution that’s crypto-native, and it’s fully customizable, allowing companies to tweak it to their specific needs.

As part of this partnership, Flare is set to utilize Rationarium’s purchase ledger and treasury function, which handles both fiat and cryptocurrencies. They’ve also got a line of products designed specifically for grant and token management. An added perk? All of Flare’s employees and contractors can now process their expenses through Rationarium and choose to get paid in traditional fiat or crypto.

Rationarium’s CEO, Amaan Jalwa, shared this: “With Rationarium, Flare is positioned to streamline their operations in both fiat and crypto. We’ve collaborated closely with the Flare team to develop a custom grant management platform for Layer 1 protocols to enhance the grants process.”

is an EVM-based Layer 1 engineered to enhance blockchain’s utility by providing decentralized access to high-integrity data from other chains and web2. This opens up the potential for developing innovative real-world applications and decentralized apps optimized for both business and consumer adoption.

A bit about Flare: It’s a Layer 1 blockchain built on EVM that provides developers with decentralized access to reliable data from other chains and the internet. This opens up new possibilities for use cases and monetization models while enabling apps to serve multiple chains with a single deployment.

Flare’s protocols enable information, both from other blockchains and the internet to be used securely, scalable, and trustlessly with smart contracts on Flare. The delivers highly-decentralized price and data feeds to dapps on Flare, without relying on centralized providers.

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Rationarium offers SAAS accounting for web3 and blockchain companies. Established in 2022 and headquartered in London, they cater to a wide range of blockchain protocols, exchanges, digital asset brokerages, and web3 startups. Rationarium simplifies business operations by eliminating the need to maintain multiple enterprise accounts. They’ve integrated solutions for accounting, payments, grants, trading, and project management into a single, user-friendly platform.

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Jem Benny
I am a senior stock trader. I think it is really important to share the knowledge and the experience with rookies. "Must know" and education content creator. I have been following the events of the crypto industry since 2011. I joined Walletinvestor as a content creator providing technical analysis and overviews on the current market situation.