Auditchain | ICO Review

Today, the cryptocurrency market is in a state of turmoil, the industry continues to build and move forward with very exciting new developments. Organizer Auditchain is a leader in developing the world's first decentralized audit and ecosystem of real-time financial reporting protocols for digital assets, as well as company guarantees and disclosures.

Problems that arise during this time

There are some big problems the system has right now. In the current scenario, real-time reporting will make life difficult for auditors and companies. This will increase costs and require significant investment in human resources.

The latest direct reporting data comes from banks, while federal bank reporting guidelines require banks to send funds at intervals starting every day and ending every year. In connection with this and the technical knowledge necessary to conduct an audit of banks, the audit fee is usually higher than that of other companies.
Decision

Auditchain also proposes to implement an ecosystem that includes blockchain protocols and open source libraries of “smart” accounting contracts sufficient to continue collecting, processing, analyzing and reporting company data and real-time performance data. Public and / or permitted levels of reporting require real-time reporting at the end of each block: balance sheet, income statement, cash flow statement and statement of changes in equity that may exceed existing reporting accuracy standards.

Auditchain leads the development of the world's first decentralized ecosystem of continuous auditing and real-time financial reporting protocols to ensure security and disclosure of digital assets and companies. auditchain also provides ongoing external audit of companies and control systems, monitoring financial data and disclosing information through certified accounting networks.

Auditchain ICO leads the development of the world's first decentralized, continuous audit and eco-system to record real-time financial statements to guarantee and disclose digital assets and businesses. Auditchian ICO provides the opportunity for a permanent external audit of the company's system and control, financial data and control over the CPA and Chartered Accountants' network disclosure.

How does AUDITCHAIN ​​work?

Consensus Management

The decentralized Blockchain technology will allow many users to access information in real time without the risk of hacking or data manipulation.

The transaction is transparent:

The continuous audit function allows you to conduct an audit and record business information from open sources, which can be seen by each participant who considers it appropriate.

Automatic audit

Self-monitoring also simplifies the registration, analysis and verification of data in real time using smart contracts. This feature allows you to quickly recover information that can be used with professional audit services.

Real-time audit data analysis:

The AUDIT Analytical Console executes commands to validate data and obtain results using predefined platform conditions.

Main advantages:

The AUDT token opens the most reliable and secure set of decentralized applications and networks.

The audit chain provides continuous interoperability between private and public block networks.

AUDT opens up network services that provide the highest level of transparency for investors.

Company rates can be reduced to zero by distributing subscription revenue and participating in a decentralized trust ecosystem.

Tokens details

Audit tokens open up many applications and networks that are the most powerful and secure of corporate warranty and reporting services.

AUDT is a cryptocurrency or “utility token” used by users to access and pay for the Auditchain Network network services. AUDT is ERC20 compatible and will be distributed in accordance with the Marker Creation Event (“TGE”) for the first Auditchain users. AUDT fees are units from the audit network that are tied to local currency in each relevant jurisdiction. Transactions in the Audit Network are paid using the AUDT commission charged from the account at the rate. After the launch of the audit network, the AUDT ERC20 token owned by the owner will be replaced by the original AUDT network token and transferred to the network.

DISTRIBUTION OF AUDT Bounty TOKEN

• Telegram 5%

• Twitter 20%

• Facebook 15%

• LinkedIn 10%

• YouTube 12.5%

• Blog / Articles 10%

• Translation 5%

• Signature 15%

• Reddit 5%

Common Rules of AUDT Bounty

All users must join the AUDT ICO Telegram community. You have to stay in groups until the end of the prize to qualify for prizes. Please note that all questions, inquiries and support requests should be asked in the group for  support  of  heads here  , not to browse chapters managers with questions.
One account per person, anyone who has captured the campaign, spamming, running or cheating the campaign in any way will be rejected. We reserve the right to reject any candidate for any reason.
Head Chiefs reserve the right to edit rules, distribution of symbols, structure and allocation of chapters, if necessary
Principal managers reserve the right to reject any candidate for any reason if they suspect that they may lead to negative advertising of the project
Do not quote your previous reports, you must create a new report every week, not edit old reports as we will not check them

Decentralized Continuous Audit &
Reporting Protocol Ecosystem™

Auditchain will be conducting a token generation event, (“TGE”) of a total of 250,000,000 AUDT which will initially be launched on the Ethereum network through the deployment of an ERC20 smart contract.

A total of up to 100,000,000 AUDT will be sold to early adopters, 45,000,000 will be allocated for the “Proof of HODL” Airdrop, 25,833,333 will be allocated to the team, up to 25,833,333 will be allocated to advisors, up to 25,833,333 will be allocated in connection with partnerships, 15,000,000 will be allocated to early adopters and up to 12,500,000 will be allocated in connection with our bounty campaign.

AUDT will used by subscribers to consume granulated levels of financial detail and audit analytics published by enterprise adopters of the DCARPE™ Assurance and Disclosure Protocol through the DCARPE™ Explorer.

IMPORTANT LINKS:

Website: https://auditchain.com
Telegram ANN Channel : https://t.me/Auditchain
Telegram: https://t.me/Auditchain_Community
Reddit: https://reddit.com/u/AuditChain
Twitter: https://twitter.com/Auditchain
Facebook: https://facebook.com/Auditchain
LinkedIn: https://linkedin.com/company/auditchain
ANN: https://bitcointalk.org/index.php?topic=5041997

Author:

Bitcointalk username: gaitonde
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2344636
Telegram: @Sheelamar
Reddit: https://www.reddit.com/user/bestcoin100k
Medium: https://medium.com/@unlockdash
Eth Address: 0x3685ff77f8e4deEc9abe29ceA15E33209863d4CD

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