What is Auditchain (AUDT)
AuditChain platform will incorporate an open source portal for smart contracts to enable the capture, process, report, and auditing of business and performance data through a continuous independent auditing standard.
AuditChain provides the presentation of balance sheet, income statement, cash flow and statement of changes in stockholders equity reports in real time, or every block.
AUDT fees are deducted from the collateral stake in connection with the expansion deployment and paid to validating nodes.
Auditchain will include an implementation of an XBRL layer for enterprise internal reporting and compliance and as a tool for research and analytics. The implementation will allow researchers and stakeholders the added benefit of configuring financial statement data in a manner that allows the automated production of proprietary and thesis based reports.
Details
Public sales: Jul 23, 2019 – Aug 09, 2019
IDO (TrustPad Launchpad): Dec 14, 2021 – Dec 14, 2021
Token supply: 250,000,000 AUDT
Hard cap: 2,200,000 USD
Raised: 2,000,000 USD
Legal
Blockchain Platform: Ethereum
Country limitations: USA, Noth Korea
Registration country: Switzerland
Registration year: 2019
Token info
Ticker: AUDT
Type: Utility-token
Accepted currencies: ETH
Token distribution:
64% – token sale
10,3% – reserved and distributable to advisors
10,3% – team
10,4% – reserved and distributable to partners and providers of applications and services to the Auditchain network
5% – reserved and distributable in connection with bounties