Locations
Wilmington, DE, USA · Wilmington, NC, USA
industry
Information Technology
Size
11-50 employees
Stage
Seed
founded in
2018
Intain is building intelligent blockchains for transparency and efficiency in capital market transactions, with initial focus on asset-backed investments. Asset-backed investment volumes (including mortgage-backed securities and other financings) have touched pre-crisis levels, but the only major change since the financial crisis is an increased compliance burden, with little in terms of transparency or improved efficiency. Between the issuance and ongoing management of these investments, anywhere between four to eight intermediaries get involved with annual costs in excess of $30 billion across securitization and other financing. Intain gets lenders, issuers, investors, and other parties like servicers, trustees, and rating agencies on a shared-data platform for these transactions that uses Artificial Intelligence and certain features of Blockchain for: - Seamless flow of data with zero reconciliation - Complete transparency with provenance of asset and data
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