Xriba (XRA)

Xriba is a platform and a protocol to record bookkeeping in the blockchain. Xriba is the union of corporate accounting and payment management solutions.

Whitepaper

Important By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice.

What is Xriba

Accountants, auditors and lawyers dedicate a great deal of time classifying documents and carrying out administrative tasks. Xriba’s Artificial Intelligence will support companies and their teams to reduce the time and cost of these tasks.

Xriba will reduce the time required to transfer financial resources between companies, and make account management more simple and secure. Xriba’s ambition is to modernize company banking services by automating bookkeeping. Xriba is the new decentralized payment system in the blockchain.

With the use of Xriba’s optical scanning software, which automatically reads and processes invoices and other documents, Xriba aims to reduce the time used for payments by 72% over the year.

The OCR system is supported by the Xriba team who monitor the process, therefore automating the bookkeeping procedure whilst maintaining integrity.

Only the account holder will be able to process payments directly through cryptocurrency, avoiding payments via a centralized Xriba account.