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Auditchain New Approach to the Audit System | Project Overview


In order to study and evaluate the financial and operational condition of an enterprise, it is sometimes necessary to conduct an audit report. Auditing and preparing for such operations is expensive and time consuming. Sometimes financial statements after an audit are purely conditional and subjective. There is no guarantee that the audit will bring any useful result.
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Company Auditchain creates such an ecosystem that includes blokcheyn protocol and open source library of smart metering contracts. This makes it possible to collect, process, verify and provide enterprise data and enterprise performance in real time on a continuous basis. This in turn makes it possible to conduct a continuous independent audit and improve the level of current accounting and control standards. The platform will use the decentralized protocol DCARPE . In real-time mode, the balance sheet, income statement, cash flow, report on changes in shareholders' equity and many other important indicators will be visible. Company Auditchain supports innovative technologyA stack that includes various layers such as the base protocol layer, the smart contract layer, the application layer, the real-time audit node layer, the financial reporting layer. An audit report is provided at the right time using the Auditchain public reporting console . If it is necessary to make an internal check, the console uses analytics to check and output the results. Depending on the type of reference, the result will be transmitted to the required layer-node.
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To ensure the functionality of the platform and for the convenience of users, the team created a token called AUDT . This is the main token of the Auditchain platform . It will be necessary for the implementation of all services presented on the platform. 
Token AUDT allows you to get the following benefits: 
1 Allows you to get more reliable and secure reporting for enterprises. 
2 The AUDT Token is the base currency and utility for servicing and securing payments for corporate solutions. This token unlocks network services that provide the highest level of transparency for investors and stakeholders. 
3 Ensures full interoperability between private and public networks.
4 Enterprise tariffs can be reduced to zero by distributing revenues and enterprise participation in the Auditchain decentralized ecosystem . 
5 Token holders AUDT has the ability to view audit analytics and financial details that provide the highest level of transparency in real time.
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The sale of the token will begin on June 14. 
Name of the token AUDT
Standard ERC20 . Created on the Ethereumplatform . 
The price of one token is 0.20 $. 
The total amount of 250 million 
. Tokens will be distributed as follows: 
A total of up to 100,000,000 AUDT 40% will be sold to early users. 
45,000,000 18% will be allocated for Airdroptoken holders. 
25 833 333 10.3% will be allocated to the team. 
25 833 333 10.3% will be allocated to advisers. 
25 833 333 10.3% will be allocated to communication and partnerships. 
The remaining 11% on bonus programs.
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To learn more about the project Auditchain, I recommend to follow the links left in the description. There on the site you will find a detailed description of Whitepaper , a roadmap, a team and other useful information. 
In conclusion, I would like to say that Auditchain is making a breakthrough in the field of continuous audit and audit in real time by linking it with blockchain technology and smart contracts. The services provided will be much cheaper, more convenient and safer than traditional competitors. In general, the project causes a pleasant impression. The company has a sought-after idea, a professionally selected team, good reviews from analytical websites and will probably bring profit to its investors in the near future.
AUTHOR: HAYZED8
ETH ADDRESS :0x35e29f9ddf79baad0cd41a8943d038bbed2ceceb

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