Auditchain is a real-time audit and financial reporting system for enterprises, using a blockchain protocol and an open source library. What Auditchain promises are accounting smart contracts sufficient to capture, process, audit and report enterprise data and performance data on a real-time continuous basis under a continuous independent audit exceeding current accounting, audit and control standards.
Auditchain is the founding member of the DCARPE Alliance, which is comprised of members of the accounting, audit, financial reporting and blockchain community. The DCARPE Alliance was formed to collaborate with its members and invite thought leadership on matters such as regulation, implementation, scaling and adoption of the DCARPE assurance and disclosure platform. The DCARPE Alliance will hold events and symposiums as well as educate the investment, enterprise and regulatory community about the benefits of continuous audit and real time reporting using the DCARPE Assurance and Disclosure platform. Auditchain's product, the DCARPE Explorer, streams real-time financial statements and audit analytics to enterprises. Since the system provided by Auditchain is decentralized, unlike the cost prohibitive majority solutions, individual enterprise users are able to use the DCARPE Network Protocol in order to reduce their costs. AUDT is the ERC-20 based token which will be used to join Auditchain for enterprises. Token fees will be Auditchain Network based units and are linked to the local currency of each jurisdiction.Auditchain plans to run a "Proof of HODL" airdrop event that consists of 4 rounds, airdropping a total of 45,000,000 AUDT after the last phase of its IEO is completed.Auditchain will be carrying out an IEO at Exmarkets Exchange on the 14th of June, 2019. Users, who would like to participate in the Auditchain IEO sale, need to register an account on Exmarkets Exchange and complete the KYC process.The details of the IEO are as follows:Token Name: Auditchain (AUDT)IEO Date: 14.06.2019 - 28.06.2019Pre-sale Price: $0.20 (in BTC, ETH, EUR or USDC)Token Amount for Pre-Sale: 1,000,000 AUDTYou can read more about the Auditchain project from the following latest releases articles:Coineal Joins DCARPE Alliance – Partners with AuditchainAuditchain and ExMarkets Partner to Integrate DCARPE Assurance and Disclosure Protocol for Digital AssetsShyft Network and æternity Join DCARPE AllianceAuditchain Partners With BANKEXAuditchain Partners with Monax to Integrate Dynamic Legal Contracts into DCARPE Assurance and Disclosure PlatformAuditchain Partners with Rymedi to Launch DCARPE Assurance and Disclosure PlatformPepper Hamilton Joins DCARPE AllianceGilded Joins DCARPE Alliance
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