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Wednesday, June 26, 2019

AUDITCHAIN - Decentralized Continuous Audit & Reporting Protocol Ecosystem™



I am Bitcampaign, today I will discuss a crypto project called Auditchain, below I will give some more detailed explanations of the Auditchain project

Sustainable Sustainable Audit & Ecosystem Reporting Protocol.
Auditchain leads the development of the world's first decentralized sustainable audit and ecosystem of real time financial reporting protocols for digital assets and company guarantees and disclosures. Auditchian enables continuous external validation of company systems and controls, financial data and disclosure control environments by the CPA and Chartered Accountants networks. DCARPE Alliance is a consortium of accounting, auditing, and financial reporting consisting of CPA, Chartered Accountants, enterprise software providers, and developers who contribute resources for development and encourage the adoption of the DCARPE Assurance and Disclosure Protocol. Auditchain enables companies to provide stakeholders the highest level of assurance through decentralized consensus-based external company validation. 

What is 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.


After the launch of the DCARPE ™ Guarantee and Disclosure Protocol, an additional 12,500,000 AUDT will be issued annually in connection with prizes. The annual prize amount is an estimate and depends on the actual block time.

AIRDROP PROVISIONS

Airdrop "Proof of HODL" will include a drop of up to a total of 45,000,000 AUDT Tokens in four (4) separate airdrops for early adopters over a period of one year after the last phase of the IEO Auditchain.
  1. The wallet address must contain the AUDT Token balance when the photo was taken,
  2. The AUDT Token balance contained in each wallet address must be identical in circumstances or contain a higher amount for each successive block after the snapshot.
AUDT cannot be transferred or transferred at any time from the wallet address. Each block will be audited to verify that no AUDT moves occur between Snapshot and Airdrop blocks. Any movement in any amount will result in disqualification of the address for that specific Airdrop. Learn again.

AIRDROP ALLOCATION CALCULATIONS
Each Airdrop will be distributed to eligible wallets that contain AUDT Token balances in proportion to their ownership in the total amount of AUDT Tokens held by eligible wallets. This will be calculated using the following formula: Total Airdrop multiplied by the amount of AUDT Owned by the Adopter divided by the Total Amount of AUDT that Fulfills Receiving Airdrop equal to the amount of AUDT you will receive on each Airdrop.


AUDT Token


AUDITCHAIN ​​NETWORK ACCESS
AUDT Token opens the most powerful and secure set of applications and decentralized network company guarantee and reporting services.

AUDITCHAIN ​​NETWORK SERVICES
AUDT tokens are the base currency and utilities for enterprise application services, guarantee payments and disclosures. AUDT unlocks network services that provide the highest level of transparency to investors and stakeholders with a small portion of traditional audit and reporting costs.

AUDITCHAIN ​​NETWORK INTEROPERABILITY
As a two-layer protocol, Auditchain provides seamless interoperability between private and public blockchain that enables strong utility and atomic settlement of trade payables.

AUDT FEES
AUDT fees for companies can be reduced to zero through subscription revenue sharing and company participation in a guaranteed ecosystem without decentralized trust.

TOKEN DETAIL
  • Heart: AUDT 
  • Token type: ERC20
  • Price of personal-sales / pre-sale tokens: /0.1USD
  • Receive: ETH
  • Sales-personal / pre-sales bonus: no info / 30
  • Prototype: NO
  • Minimum pre / private hat sales:
  • Price of bulk sales tokens: 0.15 USD
TOKEN ALLOCATION


Proposed Roadmap

2ND QUARTER - 2019
Launch of MVP &
Token Generation Event
 
3RD QUARTER - 2019
Auditchain TestNet

4TH QUARTER - 2019
Node Testing

1ST QUARTER - 2020
DCARPE™ Explorer
xBRL™ Analytics
 
2ND QUARTER - 2020
MainNet Launch

3RD QUARTER - 2020
Commercial Launch

Team
  • Jason Meyers: Founder
  • Bogdan Fiedur: Full Stack Developer
  • Mike Tuscano: Senior Project Manager, PMP
  • Neeraj Rohilla: Chief Technology Officer
  • Sadhana Reddy: Business Analyst
  • Chandan Singh Rana: Lead Blockchain Developer
  • Veera Musku: Chief Digital Officer
  • Srimayee Madasu: Lead Full Stack Developer
Advisers
  • Graham Gal PhD.: Senior Adviser
  • Jonathan Mohan: Strategic Advisor
  • Simon Cocking: Advisor




For my current writing about the Auditchain project, I hope that it will be useful for those of you who want to know about this project, for more detailed information about the Auditchain project you can visit the link below

              




Username Bitcointalk : bitcampaign
Wallet ETH : 0x2eFA5E262f957ecAF1a4Ec8bb12E8AE91F93aEca

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