news

bitcoin

1 X bitcoin bitcoin =

Monday

26 July 2021

Auditchain To Use NFTs for Accounting and Disclosure Controls

Auditchain To Use NFTs for Accounting and Disclosure Controls


smart summary beta

July 20, 2021 – ZUG, SWITZERLAND – Auditchain Labs AG, (https://auditchain.finance) the developer of the world’s first decentralized accounting, financial reporting, audit and analysis virtual machine for assurance and disclosure, today announced a new NFT creation platform that will allocate royalties between curators and validators of global standard logic-based accounting and disclosure control components. .

reporting managers, CFOs, controllers, and financial analysts will now be able to use the Auditchain Protocol to write, validate and own logic-based accounting and disclosure control “assets” that substantially automate accounting, financial reporting, audit and analysis processes using a global standard syntax on the Auditchain Protocol.

The external validation of the controls will occur within ISAE independent engagement standards on the Auditchain Protocol and will solve major challenges for other auditors involved in financial statement audits by providing proof of assurance knowledge graphs.

The DCARPE™ Alliance Associationis a global organization consisting of members of the accounting, audit, financial reporting, legal, blockchain, investment and regulatory community, The purpose of the Alliance is to provide education, drive technology innovation and open source engineering, develop, launch and promote the adoption of continuous audit and real time digital financial reporting using the Auditchain Protocol

Goto Full Article

bitcoin bitcoin price

$38302.00

24h

Live Average

bitcoin

News Article Sentiment

positive

Score (0.1)

Article Metadata

author

site

btcmanager.com
Market data feeds provided by cryptocompare.com
bitsmart 2021