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With the new integration, users of cloud-based digital enterprise resource planning (ERP) solutions will be able to leverage the disruptive power of blockchain for data logistics.
Flare ($FLR) teams up with Rationarium, leading vendor of ERP instruments
According to the official statement shared by Flare Networks, a novel EVM-based Layer 1 blockchain, it has inked a long-term strategic partnership with Rationarium, a London-headquartered SaaS accounting service focused on blockchain and Web3 companies.
With the new partnership inked, the Flare ($FLR) protocol team will utilize Rationarium's solutions for managing grants, accounting and finance, tax, HR, expense management and payroll.
Rationarium has crypto-native accounting and ERP solutions that are poised to streamline documentation processing in Flare ($FLR). Through a single dashboard, Flare ($FLR) will be able to process data about transfers in both fiat and crypto, as well as its ready-made solutions designed for grant and token management.
Also, Flare ($FLR) contractors will be using Rationarium's instrument to get paid in fiat and crypto.
More real-world implementation of Flare's ($FLR) technology
Rationarium founder and CEO Amaan Jalwa is excited by the new partnership and is sure that integration of Rationarium tooling will streamline the business routines of Flare:
With Rationarium, Flare will be able to streamline the management and record-keeping for their operations in both fiat and crypto. In particular, we have worked closely with the Flare Ecosystem Team to build a bespoke grant management platform for Layer 1 protocols to better administer the grants process.
As covered by U.Today previously, Flare ($FLR) launched its API toolkit of RPC nodes on Google Cloud Marketplace. As such, developers can leverage its private APIs with no need to run their own nodes.
Flare ($FLR) is an L1 blockchain designed to provide Web3 products with decentralized access to high-integrity data from other chains and Web2 sources.