Auditchain _ for real-time financial reporting protocols for digital assets and corporate guarantees and disclosures

4 min readAug 9, 2019

Auditchain is leading the development of the world’s first decentralized sustainable audit and ecosystem for real-time financial reporting protocols for digital assets and corporate guarantees and disclosures. Auditchian enables continuous external validation of company systems and controls, financial data, and disclosure control environments through the CPA and Chartered Accountants networks. The DCARPE Alliance is a consortium of accounting, auditing and financial reporting consisting of CPAs, chartered accountants, enterprise software vendors, and developers who provide resources for the development and adoption of DCARPE insurance and disclosure protocols.

How does AUDITCHAIN work?

Consensusbestuur:

Blockchain’s decentralized technology will allow many users to access information in real-time without hijacking or manipulating data.

Transparency of transactions:

The ongoing audit feature allows you to audit and record open source business information that can be seen by each participant that is deemed appropriate.

Automatic audit

Mandiri Monitoring also makes it easy to record, analyze and verify data using smart contracts. This feature allows you to retrieve information quickly that can be used by professional audit services.

Real-time audit data analysis:

The AUDIT Analytics Console will execute commands to verify data and provide results with predetermined conditions specified by the platform.

TGE REQUIREMENTS

Auditchain will hold a token-up event (“TGE”) with a total AUDT 250,000,000 which will initially be launched on the Ethereum network through the implementation of the ERC20 smart contract. In total, up to AUD 115,000,000 will be sold to the initial contractor, and 45,000,000 will be allocated to 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 the partnership, 15,000,000 will be allocated to initial users and up to 12,500,000 will be allocated in connection with our pricing campaign. ART will be used by clients to use the level of financial detail and audit analysis issued by company contractors from the DCARPE ™ Guarantee Protocol and disclosure by DCARPE ™ Explorer. published every year in connection with prizes. The annual price amount is an estimate and depends on the actual block time.

Ensuring safer new guarantees for the economy

The AUDT token feature strengthens a new world of decentralized guarantees and disclosures. This encourages transparency of modern business, from initial certification, early detection and recovery to real-time financial reporting with the highest level of assurance through validation of a decentralized external company.

AUDT-token

ACCESS TO THE NETWORK AUDIT CHAIN
AUDT Token opens the set of the most powerful and secure applications as well as decentralized corporate guarantees and reporting services.

CHAIN AUDIT NETWORK SERVICES
AUDT tokens are the base currency and utilities for enterprise application services, warranty payments and disclosures. AUDT unlocks network services that offer the highest levels of transparency for investors and stakeholders with a small portion of traditional audit and reporting costs.

NEGOTIABILITY AUDIT CHAIN
As a two-tier protocol, Auditchain provides seamless private and public blockchain interoperability that enables powerful utility and settlement of trade debtor atoms.

COST
OLD AUDT costs for businesses can be reduced to zero by sharing revenue entries and participating in a guaranteed ecosystem without decentralized trust.

STAKEHOLDER GUARANTEE GUARANTEE

AUDT allows stakeholders to open and view detailed analyzes of company audits and detailed financial performance that provide the highest level of transparency of the company system and control statistics on real-time financial performance.

Key benefits:

AUDT tokens open the most reliable and secure decentralized application sets and networks.

Auditchain provides uninterrupted compatibility between private and public blocks.

AUDT opens network services that provide the highest level of transparency for investors.

Company rates can be reduced to zero by dividing customer income and participation in a decentralized trust ecosystem.

TOKEN

Audit signs open the strongest and safest applications and guarantee network and corporate reporting services.

AUDT is a cryptocurrency token or utility that users use to access and pay for Auditchain Network services. AUDT is compatible with ERC20 and will be distributed according to the event token creation (“TGE”) for early users of the Auditchain network. AUDT fee is a unit based on the Auditchain Network and is linked to the local currency of each respective jurisdiction. Transactions on the Auditchain Network are paid using AUDT fees deducted from the account at stake. After the launch of the Auditchain network, ERC20 AUDT tokens held by holders are exchanged with the original AUDT network tokens and transferred to the network.

AUDT Ethereum-token platform
Only ERC20
PreICO 1 AUDT = 0.10 USD
Price in ICO 0.2000 USD
Investment Initiation
Min $ 100 investment
Accept BTC, ETH, USDC, EUR
40% distributed on ICO
$ 200,000 soft shell
A hard stamp of USD 20,000,000