Token

219,444,444 ICT

1 ICT = 0,12 EUR

Events

Start: 03/12/2018

End: 30/12/2018

Ranking
Rating 4.7

Start: 03/12/2018
19/04/2019
Finish: 30/12/2018

About Intrachain

Intrachain offers a software solution that combines a process mining tool with a decentralized database. The service focuses on the collection of data in computer systems and the storage of these data in a tamper-proof and secure way on the blockchain.

This technological architecture allows for different use cases that led to the development of two products:

  • Intrachain Private
  • Intrachain Business

Intrachain Private is a B2C software that tracks personal user behavior and offers the possibility to store the data on the blockchain. The data are made available to the user for analysis via a user interface.

Intrachain Business also keeps track of user behavior data and transfers them to the blockchain. In a next step, these condensed data serve as the basis for the correct recording and allocation of intercompany services. Smart contracts are used to transfer the involved cost transactions to the right accounting systems within the group of companies. Thus, Intrachain Business is an accounting software combined with Distributed Ledger Technology that automates reconciliation practices.

The decentralized solution of the Intrachain Platform offers great advantages for both products: In comparison to standard servers, it provides significantly higher data security. This is an important aspect when taking customer demand for data transparency and the prevention of data manipulation into account.

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.

Why?

Private users and businesses are increasingly affected by nontransparent data tracking methods and inaccurate data. Private users are therefore often unaware of their digital behavior. For businesses, the consequences are even greater: Important documents such as financial reports rely on data as one of the main information sources. If these data are incorrect, companies can suffer from fines, lack of trust of shareholders and wrong decision-making. Common practices in this regard, for example reconciliation or manual data errors corrections, are time-consuming and therefore very costly.

What?

Intrachain’s solution aims at solving these major issues. Therefore, we created the world’s first process mining software with an integrated blockchain. Intrachain makes the collection of data trails easy, the cost transaction processes secure of human errors and helps to increase the overall database quality.

How?

To gain a better overview of the trails of data, Intrachain’s process mining engine generates detailed data about user behavior and performed efforts. These data are then transmitted to the Intrachain blockchain where they are stored safely and transparently in a private blockchain. For Intrachain Business customers, the corresponding costs are then being allocated to the responsible entities and can be booked simultaneously via smart contracts. This way, companies gain a clear overview of their intracompany transactions and get rid of common flaws of current reconciliation methods.

Overview of Intrachain’s benefits

  • Highest possible data quality
  • High data security
  • Compatibility with different IT landscapes
  • Significant cost savings
05-12-2018

Token: ICT
Standard: Utility
Quantity: 219,444,444 ICT
Soft cap: 3,000,000 EUR
Platform: Ethereum
Price: 1 ICT = 0,12 EUR
Payment: ETH
Hard cap: 12,000,000 EUR
Amount:
Bonus: %
Start:
End:
Amount: 109,722,222 ICT
Bonus: %
Start: 03.12.2018
End: 30.12.2018

CEO

Within the role of CEO at Intrachain, Arne is responsible for defining Intrachain’s vision, overall strategy and business development.

CFO

With many years of experience in a large corporation, Klaus is driving the implementation of Intrachain's solution apace as CFO.

CTO

Mislav is business analyst, full stack JavaScript developer, focus-driven coder, blockchain evangelist, and CTO at Intrachain.

CMO

Niclas takes on the role as CMO at Intrachian. He is a branding and time tracking expert, and sales specialist with extensive knowledge in marketing.

Core Developer

Core Blockchain Developer

Advisor

ICO Advisor

Advisor

Blockchain PM Zwoop

Advisor

ManagerSiemens AG

Advisor

Head of PM

Advisor

LINGNER.COM Partner

Advisor

Head of Digital Platforms Allianz


  • Intrachain founded

    Process Mining Engine & Capture Data Model

  • Intrachain Server

    Capture Engine

  • Intrachain Server Adapter

  • Intrachain Engine

  • Local Database & Intrachain API

  • Intrachain UI & ERP


5.12.2018 - 30.12.2018
2%
1 ICT = 0,12 EUR
Channels
Spreadsheet
Join
%
Steemit
10 %
Signature
20 %
Twitter
25 %
Content Creation
10 %
Telegram
20 %
Referral
5 %
Other
10 %