REVIEW AUDITCHAIN


Auditchain is leading the development of the world’s first decentralized continuous audit and real time financial reporting protocol ecosystem for digital asset and enterprise assurance and disclosure. Auditchian enables continuous external validation of enterprise system and control, financial data and disclosure control environments by a network of CPAs and Chartered Accountants. The DCARPE Alliance is an accounting, audit and financial reporting consortium consisting of CPAs, Chartered Accountants, enterprise software providers and developers who are contributing resources to the development and driving adoption of the DCARPE Assurance and Disclosure Protocol. Auditchain enables enterprises to provide stakeholders with the highest levels of assurance through decentralized consensus-based enterprise external validation.


Driving the New Trustless Assurance Economy

The AUDT Token functionality powers the new world of decentralized assurance and disclosure. It’s what drives transparency of the modern enterprise from initial certification, early detection and remediation to financial reporting in real time with the highest levels of assurance through decentralized enterprise external validation. Wanna take a ride?

AUDT Token

* AUDITCHAIN NETWORK ACCESS
The AUDT Token unlocks a suite of applications and the most robust and secure decentralized network of enterprise assurance and reporting services.

* AUDITCHAIN NETWORK SERVICES
The AUDT Token is the base currency and utility for enterprise application service, assurance and disclosure payments. AUDT unlocks network services that provide the highest levels of transparency to investors and stakeholders at a fraction of the cost of traditional audit and reporting.

* AUDITCHAIN NETWORK INTEROPERABILITY
As a layer two protocol, Auditchain provides seamless interoperability between private and public blockchains which enables robust utility and atomic settlement of trade payables.

* AUDT FEES
AUDT Fees for enterprises can be reduced to zero through subscription revenue sharing and enterprise participation in the decentralized trustless assurance ecosystem.

* PREMIUM STAKEHOLDER ASSURANCE
AUDT enables stakeholders to unlock and view granulated enterprise audit analytics and financial performance detail that provide the highest levels of transparency from enterprise system and control statistics to real time financial performance.

Initial Exchange Offering

TOKEN ALLOCATION


TERMS OF TGE

Auditchain will be conducting a token generation event, (“TGE”) of a total of 250,000,000 AUDT which will initially be launched on the Ethereum network through the deployment of an ERC20 smart contract.

A total of up to 100,000,000 AUDT will be sold to early adopters, 45,000,000 will be allocated for the “Proof of HODL” Airdrop, 25,833,333 will be allocated to the team, up to 25,833,333 will be allocated to advisors, up to 25,833,333 will be allocated in connection with partnerships, 15,000,000 will be allocated to early adopters and up to 12,500,000 will be allocated in connection with our bounty campaign.

AUDT will used by subscribers to consume granulated levels of financial detail and audit analytics published by enterprise adopters of the DCARPE™ Assurance and Disclosure Protocol through the DCARPE™ Explorer.

Upon launch of the DCARPE™ Assurance and Disclosure Protocol, 12,500,000 additional AUDT will be emitted annually in connection with rewards. Annual reward amounts are approximate and are dependent on actual block times.


Roadmap


Conclusion 

The current market for accounting and audit infrastructure software is dominated by large scale enterprise resource planning systems. The majority of solutions are usually cost prohibitive for most small and medium sized enterprises.

The individual enterprise user cost to install and use the DCARPE™ Network protocol software may prove be substantially less expensive as the result of the decentralized cooperative cost structure of all services provided by the Auditchain network. Additionally, the fexibility and scale of the DCARPE™ architecture may theoretically accommodate any size enterprise user.

Depending on the number of Non-Federated nodes deployed by the enterprise, mining for AUDT may theoretically offset the entire cost of the accounting, audit, compliance and reporting obligations of the enterprise.

Financial markets will beneft through the reliability of immutability, real-time assurance, real-time presentation of fnancial performance and insights into enterprise, development and network performance on a dynamic basis in a manner not previously possible.

Auditchain represents a substantial evolution towards new accounting, audit and reporting methods. Furthermore, early adopters may enjoy a competitive advantage through cost savings and capital attraction as the result of its implementation.

More information can see the link below:

Username : Bitcoinissatan
ETH address :
0x9D7C69Ba1C7C72326186127f48AF6D61Ff95496D

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