How Pacio will achieve the Data without Boundaries?
Pacio use a special method through a high performance, scalable, low cost decentralised semantic platform powered by blockchain, that provides a wide range of features and services for applications.
Does Pacio work at some specific level?
Apps powered by Pacio will be ‘accounting’ or ‘management’ feature-rich at every level, wherever they run.
What is a key differentiator of Pacio?
Accounting and Management The focus on accounting and management is a key differentiator for Pacio resulting from the lifetime work of the founders. ‘Accounting’ and ‘management’ are used here in a broad sense to cover:
How the data will be stored?
Standardised semantic blockchain Pacio will use the Standardised Semantic Information Model (SSIM) to store data
• in a standardised way to be globally interoperable and comparable across entities, jurisdictions/regions, languages, and accounting standards, thereby reducing confusion and duplication, resulting in great productivity and efficiency savings
- of any type whether financial or not in a semantic way = data referenced by its content or what it is about to implement the standardised semantic blockchain. This will allow sematic querying, and standardised semantic reporting with interfaces to international standards and data/report languages such as XBRL.
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