AUDITCHAIN

PRELIMINARY

The blockchain technology is known for its seamless, secure, fast, transparent, unforgettable, and decentralized transactions, all transactions carried out on the blockchain technology cannot be argued or disputed by anyone. Every transaction ever carried from inception is still recorded and can easily be seen by anyone who wanted to, since the invention in 2008, million of transactions have been executed with no need for intermediary or escrow services to validate its authenticity. We've seen lots of sectors tapped from its untapped potentials which have given rise to over two thousand digital assets, currently, there are digital assets for almost everything. The agricultural, shipping, electronic commerce, electronic sports, banking. financial and so many others have created a cryptocurrency to solve one challenge or the other but none has created for audit and reporting protocol. Briefly, I'll introduce you to auditchain the world's first decentralized audit and reporting platform.

INTRODUCING AUDITCHAIN

#auditchain leads the invention of the world's first decentralized conservative audit and ecosystem of real-time financial reporting protocols for cryptocurrencies and agency commitment and disclosures. Auditchian enables continuous exterior authentication of company systems and controls, financial data and disclosure control environments by the CPA and Chartered Accountants Networks. To dig deeper into this type of auditing and reporting, Jason Meyers, founder of Auditchain and a 30-year veteran of the finance and investment industry explains. Jason believes there are the top five reasons why continuous audit and real-time reporting is so important.

Auditchain represents a valuable evolution towards new accounting, audit and reporting techniques. Furthermore, early adopters may enjoy a combative advantage through cost savings and capital attraction as the result of its executions. The individual enterprise user cost to install and use the DCARPE™ Network protocol software may prove to be substantially less expensive as the result of the decentralized cooperative cost structure of all services provided by the Auditchain network.

Auditchain envisions to create an atmosphere that includes a blockchain protocol and an open-source ledger of accounting smart contracts ample to continuously capture, process, review, and report on collective data and performance data in real-time. The application of legally compliant accounting methods to transactions and reporting system prospect controls that occur in most business processes is now theoretically possible simultaneously within and using configurable "Ricardian" smart contracts in a decentralized continuous audit environment. Financial markets will benefit through the reliability of immutability, real-time assurance, real-time presentation of financial performance and introduction into franchise, development and network rendition on a vigorous basis in a manner not conventionally possible.

AUDITCHAIN TOKEN USE CASES

♦ Platform unlimited access
♦ Platform fees
♦ Auditchain provides seamless interoperability between private and public blockchain
♦ For subscription
♦ For staking incentives for nodes
♦ Mining rewards
♦ Exchange of value

To preserve the audit token value and token demand the team has a tactical protocol set in place, it can be used to initialize technology projects involving multi-chain payments that auditchain can support, pay products from partners who accept auditchain token as a mode of payment, projects created from auditchain token will use audit as a payment gateway.

TOKEN ECONOMICS
NAME: AUDITCHAIN
TICKER: AUDIT
TYPE: UTILITY
PROTOCOL: ERC-20 COMPLIANT

TOKEN ALLOCATION

PARTNERSHIPS: 10.3%
BOUNTIES: 6%
EARLY CONTRIBUTERS & ADOPTERS: 6%
TEAM: 10.3%
ADVISRORY BOARD: 10.3%
AIRDROP: 18%
TOKEN SALE: 40%

AUDITCHAIN CONTACT INFORMATION FOR LATEST NEWS & UPDATES

ARTICLE WRITTEN BY TIVERE AKPORODE

♦ BITCOINTALK PROFILE: TIVERE