Chainvine Ltd is an enterprise software solution and service provider, using various distributed ledger technologies to assist corporate users to access blockchain technologies to aim to deliver operational efficiencies.
The Company seeks to demonstrate how blockchain can potentially increase operational efficiency, supply-chain accountability and security, as well as reduce operating costs for both large and small entities in the private and public sector.
Distributed Ledger Technology (DLT) decentralises data across a network of ‘nodes’ which stores transactional data permanently in the construction of a chain of unique software code i.e. a ‘blockchain’. This distributed, decentralised approach means that there cannot be a single point of data loss or critical failure.
|Product||Technology Growth EIS|
|Sector||Business Enterprise Software|
|Aim of funding||Growth|
|HMRC Advanced Assurance received||Yes|
|Envisaged investor exit||4-5 years|
|Targeted return||In excess of 4x capital invested|