Blockchain for data Flare has announced a partnership with Rationarium, provider of the world’s first full-stack cloud enterprise solution for web3. The deal will see Flare utilize Rationarium’s solutions for managing grants, accounting and finance, tax, HR, expense management and payroll.

Web3 enterprise software provider Rationarium assists web3 and blockchain companies by consolidating off- and on-chain transactions into a single unified ledger. Its crypto-native ERP (enterprise resource planning) solution includes accounting and tax modules that are fully customizable, enabling clients to tailor products to suit their needs.

Through its partnership with Rationarium, Flare will make use of the former’s purchase ledger and treasury function which processes data in both fiat and crypto, as well as its products designed for grant and token management. In addition, all Flare employees and contractors will be able to process their expenses on Rationarium and get paid in fiat or crypto.

Rationarium Founder and CEO, Amaan Jalwa, said, “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.”

Flare’s EVM-based Layer 1 is designed to make blockchain more useful by providing decentralized access to high-integrity data from other chains and web2. This enables the development of new real world use cases and decentralized applications that are optimized for enterprise and consumer adoption.