Intrachain

The world’s first process mining software with integrated blockchain for intra-group cost allocation and transactions.

Review Score
4.25/5
ICO Price
N/A
Pre ICO Price
N/A
Soft Cap
N/A
Hard Cap
N/A
Pre ICO Start Date
29 October 2018
Pre ICO End Date
25 November 2018
Start Date
3 December 2018
End Date
30 December 2018

What is Intrachain?

Intrachain is the world’s first process mining software with integrated blockchain.

Compatible with all IT infrastructures, Intrachain centralises and streamlines your intercompany accounting, reducing your costs and increasing productivity.

The Problem
Large corporations are highly inefficient.

They often consist of several hundred subsidiary companies, which are put together under one group. Managing transactions between these subsidiary companies is very inefficient, mainly because of two reasons:

A lack of information
High costs for allocation, reconciliation and clearing
The Solution
Process mining combined with smart contracts

Intrachain provides a solution for both problems.

The lack of information is fixed by the Intrachain Process Mining Engine. It enables each subsidiary company to drill down into their costs and identify single activities and their duration.

These activities are connected to the blockchain and get processed immediately using smart contracts. The smart contracts charge the receiving parties right away and handle the corresponding transactions.

Furthermore, the technology works across all IT infrastructures due to its decentralised blockchain. Therefore, it can easily be implemented at new subsidiaries. So it doesn’t interfere with common M&A activities or infrastructure decisions.

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