Auditchain — A Decentralized Platform For Continuous Audit Protocol.

3 min readJun 29, 2019

Hello investors, I brought to you an article about an ecosystem that is poised to restore sanity in the all crypto-finance dealings through the implementation of high level system architecture that will enable this ecosystem a continuous audit and reporting protocol.

Auditchain is an ecosystem of decentralized platform that leverages on blockchain to launch a continuous audit and reporting protocol

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.

OPERATING THE TRUSTLESS ASSURANCE ECONOMY

The AUDT Token functionality powers the new ecosystem of a decentralized assurance and disclosure protocol. It’s what drives transparency of the modern enterprise from initial certification, early detection and remediation to financial reporting in real time with the highest levels of assurance through decentralized enterprise external validation.

AUDITCHAIN NETWORK ACCESS

The AUDT Token unlocks a suite of applications and the most robust and secure decentralized network of enterprise assurance and reporting services.

AUDITCHAIN NETWORK SERVICES

The AUDT Token is the base currency and utility for enterprise application service, assurance and disclosure payments. AUDT unlocks network services that provide the highest levels of transparency to investors and stakeholders at a fraction of the cost of traditional audit and reporting.

AUDITCHAIN NETWORK INTEROPERABILITY

As a layer two protocol, Auditchain provides seamless interoperability between private and public blockchains which enables robust utility and atomic settlement of trade payables.

AUDT FEES

AUDT Fees for enterprises can be reduced to zero through subscription revenue sharing and enterprise participation in the decentralized trustless assurance ecosystem.

PREMIUM STAKEHOLDER ASSURANCE

AUDT enables stakeholders to unlock and view granulated enterprise audit analytics and financial performance detail that provide the highest levels of transparency from enterprise system and control statistics to real time financial performance.

TOKEN DISTRIBUTION