AuditChain certainly has ambitions to take a leading position in the industry

I think many will agree with me that in contacting with any business or just its representative, for us the primary role is of course the safety and reliability of the services provided by this very business. Of course, the realization of this is not always on the surface. And only in unusual circumstances, we begin to pay attention to some minor details, understanding that it is precisely in them that the essence of the problem and its solution often lie.

Today, the role of the auditor is tried on by many supervisory authorities, whose primary task is a comprehensive, deep and detailed inspection and analysis of a particular business structure, the detection of defects and of course violations.

Surely from the first lines it can be understood that today we will touch on a very painful topic causing a lot of controversy in the modern world - audits. It is painful because there are simply no reliable audit systems at the moment. Of course, you can argue, they say, how is it not, if there are thousands of them all over the world? Reasonable remark. Now I will try to explain what I'm talking about.

Let's try to figure out an example. Suppose there is a large businessman who owns a large international company. For successful further development and prosperity, it must be audited annually. But now, by some terrible coincidence of circumstances, this businessman and the representative of the auditing company didn’t have a relationship. In this case, the thought will inadvertently visit, but will the test be really not biased? Will a representative of an audit company be able to conduct an audit without succumbing to emotions that will meet all standards. And the key question is - will it? Any person will certainly have at least concerns about this. As a result, our businessman will either have to look at the situation or use the services of another auditing company.

Anyway, all currently represented auditing companies on the market are centralized. So vulnerable and have many drawbacks. Take at least the storage of data, due to the centralization of the system, access to this data can get any more or less clever crook. In the end, it can hit not only for the company whose data was stolen, but also for its partners! In the end, the harm can be enormous. This project will be tackled by a project that integrates a decentralized network into the industry and minimizes the negative consequences inherent in classic audit systems.

PROJECT FEATURES

AuditChain is the culprit of this review, which undoubtedly deserves our attention. It was this project that took upon itself the responsibility to solve pressing problems in the field of auditing, which trouble the whole world.

In fact, the principle of the solution proposed by the AuditChain project is quite simple and at the same time as safe as possible. The structure of accounting is built in such a way that allows you to control all the necessary elements of the system, and all changes can be monitored in real time. In my opinion, these are undoubtedly the most important criteria confirming the multifaceted transparency and efficiency of the system.

In addition, the platform will include the Stack technology, which is a multi-layered protocols and their basic functionality. This means that in addition to the familiar technology of the blockchain and smart contracts, the Stack will also include such system components as ERP contracts and NODES reports necessary for publicly posting all the statistics obtained.

TOKEN

Naturally, like any other blockchain project, AuditChain intends to use its own tokens to serve the network and regulate processes. Also for those who wish, there will be an opportunity to acquire exclusive opportunities and services within the platform. Owners of AUDT tokens will be able to purchase the necessary range of services and tools at any time, as well as pay intra-platform fees and commissions.

The AUDT token itself was developed on the basis of the familiar Ethereum blockchain platform with a total amount of 250 million coins.

The distribution looks like this:

CONCLUSION

That's what I want to note summing up this modest review. At the moment, there is simply no alternative auditing system that offers such functionality that meets international standards and norms. AuditChain certainly has ambitions to take a leading position in the industry, as by and large it is a pioneer, and also surpasses the classic audit systems on the head!

The project is very interesting and undoubtedly worthy of attention. As always, before making a decision on investing, I strongly recommend that you thoroughly examine the details of the project. I hope I was able to arouse your interest and give food for thought, then it is up to you. Links to all useful official resources I will leave for you below. That's all. Good luck!

Official resources

Website - https://auditchain.com/

White paper - https://auditchain.com/wp-content/uploads/2019/05/Auditchain-Whitepaper.pdf

Telegram - https://t.me/Auditchain_Community

ANN Thread - https://bitcointalk.org/index.php?topic=5152521.0

Facebook - https://www.facebook.com/auditchain/

Twitter - https://twitter.com/auditchain

By Sengkuni

Bitcointalk Profile :  https://bitcointalk.org/index.php?action=profile;u=2215475 

ETH Address :  0x841195014dd6AE32F3eC4B914fbEB1CCc73aC51E