AUDITCHAIN

Decentralized Continuous Audit & Reporting Protocol System

About

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.

Driving the New Trustless Assurance Economy

The AUDT Token functionality powers the new world of decentralized assurance and disclosure. 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.

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

ICO

Token info

Ticker: AUDT

Token Type: ERC20

Available for sale: 160,000,000 AUDT (80%)

IEO Terms

ONLY 1,000,000 AUDT WILL BE SOLD!

The AUDT Token sale will begin at 14:00 UTC on the 14th of June!

Price: $0.20 USD

Tokens for sale: 1,000,000

Blockchain: Ethereum: (ERC20)

Currency pairs: BTC, ETH, USDC, EUR

Mandatory KYC

Restricted countries: United States of America, Afghanistan, Cuba, Iran, Iraq, Libya, N. Korea, Syria, Myanmar, China, Haiti, Liberia, Rwanda, Somalia, Sudan, or Democratic Republic of the Congo.

ALLOCATION OF TOKEN

Early Contributors and Adopters: 6%

Token Sale: 40%

Air Drop: 18%

Advisors: 10.3%

Team: 10.3%

Partnerships: 10.3%

Bounties: 5%

Auditchain Team

Paul Ostling: Regulatory and Government Affairs

Joshua Yabut: M.S., OSCP, OSCE Co-Founder & Technical Lead

Jason Meyers: Co-Founder

Georges Medawar: Director of Business and Community Development

Touradj Ebrahimi: Director

Duncan Johnson: Community Development

Rimas Vaitauskas: Strategic Development, Accounting and Assurance

Charles Hwang: Business Development

Bogdan Fiedur: Full Stack Developer

Advisors

Nemanja Nikitovic

Yaroslav Belkin

Scott Price: Founder and Chief Executive Officer of A-lign

Jonathan Mohan: Strategic Planning

Conclusion

The current market for accounting and audit infrastructure software is dominated by large scale enterprise resource planning systems. The majority of solutions are usually cost prohibitive for most small and medium sized enterprises.

The individual enterprise user cost to install and use the DCARPE™ Network protocol software may prove be substantially less expensive as the result of the decentralized cooperative cost structure of all services provided by the Auditchain network. Additionally, the fexibility and scale of the DCARPE™ architecture may theoretically accommodate any size enterprise user

Depending on the number of Non-Federated nodes deployed by the enterprise, mining for AUDT may theoretically offset the entire cost of the accounting, audit, compliance and reporting obligations of the enterprise.

Financial markets will beneft through the reliability of immutability, real-time assurance, real-time presentation of fnancial performance and insights into enterprise, development and network performance on a dynamic basis in a manner not previously possible.

Auditchain represents a substantial evolution towards new accounting, audit and reporting methods. Furthermore, early adopters may enjoy a competitive advantage through cost savings and capital attraction as the result of its implementation.

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Author: KHAN SHIQ QHEIL

My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2550289