The Accountant Quits Podcast Episode 15 | Jason Meyers on AuditChain Tokenomics and Timeline
We introduced AuditChain on Episode 5 a few weeks ago. As a refresher, AuditChain is building the world’s first continuous audit & real time financial reporting protocol.
As part of its long awaited commercial launch expected to happen at the end of the year, AuditChain recently launched its pilot project.
I have the pleasure to have Jason Meyers, its founder, back with us today where we will discuss:
- The results of the pilot project so far;
- The upcoming listing of the AUDT token;
- What role will the AUDT token play - both for node operators and other stakeholders in the network;
- Other upcoming milestones on the roadmap up to the token listing;
- & how education is shaped by the innovators of an industry.
This episode is brought to you by AuditChain - the world's first decentralized continuous audit and real time reporting protocol.
Traditional audit methodology focuses on “materiality”, not accuracy. We are constrained by time and cannot audit 100% of the transactions, and therefore we perform sampling.
AuditChain decentralizes audit and uses an independent assurance methodology that automates auditing tasks, and continuously audits 100% of the transactions.
With AuditChain, Chartered Accountants and professionals will write and own Process Control NFTs that automate internal and disclosure controls, where these NFTs pay royalties in return.
With more and more automation, accountants will increasingly find themselves becoming redundant. If you are a forward thinking CPA or Chartered Accountant, and want to participate and be in touch with the latest developments from AuditChain in decentralizing the audit profession using blockchain, you should apply for membership by visiting DCARPE Alliance.
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