Jul 24 2019
The Fact You Must Know About Auditchain Blockchain Currency
The audit chain is one of the blockchain systems that focused on the decentralized audit and reporting protocol. Learn more about the audit chain blockchain currency in here.
In recent years there are so many projects that strengthened its system by integrating with the blockchain technology that makes it in the digital sector business. The audit chain is one of the blockchain technology that becomes the perfect tool for you who seek protection like security, clarity, and validity in the field of the auditing process. The audit chain is designed to provide the user with the audit process in the continuous-time and have the frame of also decentralized the real-time financial reports. Explore more about the audit chain blockchain currency in this article information
The Highlight of AuditchainBlockchain
The self-auditing method on the distributed ledger and validation transaction is used on the genesis block on the bitcoin blockchain in 2009. This method, along with the continuous audit, is evolving into the various but specifically used for the internal reporting and. The Auditchain implemented this method in their blockchain system self-auditing state that has additional layers and high extensibility, especially for development and deployment of enterprise application. The audit chain offers the stakeholder with its real-time presentation format of the financial, operational, development, and network statistic report on its every block activities. For better knowledge of this blockchain currency platform, you can read it in the information down below.
The Overview of AuditchainBlockchain
- Auditchain Token Sales and Allocation
The audit chain currency that called AUDT toke is sales according to the code repository integration that goes along with the network integration that make the potential to the real-time reporting of development and network statistic. That aspect will be used in the process of the system performance, reporting and disclosure for the token utility and sales. The AUDT chain will be allocated with the proportional amount that includes 6% to the early contributor and adopters, 40% for the token sale, 18% for the airdrop, 10,3% to the advisor’s team, 10,3% to the partnerships, 5% to the bounties.
The AUDT blockchain has the unit value exchange in the Auditchain network, which is mean the AUDT creator and driver transactional economy will be the medium to generate the AUDT token value. The AUDT token is determined from the payment fee of the transactions, certification and computations.AUDT also have the local currencies for around USD 0001 that will be used in the validating non-federated node that applied in the US. Furthermore for the mining its use the proof of work and proof of stake consensus mechanism that will be allocated with the 42,5% to the block reward in the non federated nodes, 42,5% also will be given to the PoS miners, and 15% will be allocated to the audit chain affiliate partner that continued development of the Auditchain system and education to the Auditchain community.
- The Auditchain Project Scheme
RecentlY Audit chain is positioned on the 2nd quarter of 2019 that will include the launch of MVP & token generation event to invite the early participant. The 3rd quarter and four quarter will be the system tester moment that consists of the node testing and audit chain testnet. In 2020, the 1st quarter will be doing the DCARPE explore and xBRL analytic support feature to make the user easier to use the Auditchainblockchain system. The 2nd and 3rd quarter will be the main fixing net and official launch in every cryptocurrencies platform for the commercial purpose.
- The Auditchain Airdrop Mechanism
The audit chain also features with the proof of HODL airdrop that includes the drop of up to an amount of 45.000.000 AUDT token that divided on the four separate airdrops in the one year. The balance of AUDT tokens kept in the wallet that has identical in state and contains a higher amount of the consecutive blocks. Every AUDT block will be audited to verify there is no suspicious movement from any snapshot block and the airdrop, furthermore, any movement of the block in any amount will cause the disqualification of the Airdrop destination.
The airdrop will be distributed in the proportionate amount regarding their stake of the total amount of AUDT token that secures in the eligible wallets. The amount is calculated in the specific formula that includes the total airdrop amount that multiplied by AUDT number that provides by the adopter. Furthermore, it divided by the total number of the AUDT to receive airdrop equal to the number of Airdrops that will be received.
- The Auditchain Airdrop Amount and Distribution Schedule
The audit chain will be held in the token generation event that will provide the total of 250,000,000 AUDT tokens that initially will be launched on the Etherum network platform that also features with the deployment of the ERC20 smart contract. The total of the 100,000,000 AUDT will be sold to the early adopters and 45000,000 that will be allocated on the proof of HODL platform. The airdrop allocation consists of 25,833,333 that will be given to the team, the advisors, up from the amount to be allocated to the partnership, 15,000,000 will be allocated to the initial adopters and 12,500,000 will be allocated for the prize campaign.
- The Auditchain Protocol
The audit chain has a continuous and reporting system that runs continuously with the real-time financial condition that designed for enterprise assurance, digital asset, and disclosure. The audit chain provides external validation of the enterprise control and system, financial data, and disclosure control that running by expert CPA and chartered accountant. The protocol also features with the enterprise software and technical team that contributes to the resources of the development and DCARPE assurance for disclosure protocol. Furthermore, the audit chain also makes the enterprise have high levels of assurance through the consensus-based on external validation.
- The Auditchain Network Framing
The network framing to access the audit chain token and system use suite application and the most secure decentralized network that use by enterprise to reporting services and assurance. Furthermore, the audit chain also offers two layers of protocol that functioned the interoperability system between public and private blockchains that make the atomic settlement and perfect utility for trade payables. The audit chain blockchain is featured with the non-federated nodes that will be used to operate the node and mine AUDT. Furthermore, the nodes also provide the minimum level of the service network and stake AUDT that have the position as the collateral to participate.
The network also includes the participation of members of the accounting, financial reporting, investment community. As the fact of the conditional upon the regulatory clearance enterprise user may also recognizable to deploy and operate the nodes that can make offset the costs of the network service usage. The node can make you earn AUDT token that comes from mining and perform the following services that include in the strict SSAE18(12) and ISAE 3402 standard. The service is consist of the monitoring and validation of all the transaction, monitoring and validation of all the smart contracts, monitoring and validation of all blocks, monitoring and validation of all user installation and expansion, supervision and validation of remediation, enforcement of consensus, notification of user non-compliance.
- The Auditchain Economy Assurance
The AuditchainBlockchain currency offers you the functionality of the new decentralized assurance and disclosure. This functioned to make the transparency of the modern enterprise user with the initial certification, remediation and early detection for the financial reporting to the highest levels of economy assurance through the decentralized enterprise external validation. The AUDT system enables the stakeholders to unlock and access scheme of enterprise audit analytics and financial performance report that provide the highest levels of the transparency enterprise system and statistic control with the real-time of financial performance.
The AUDT platform applied with the traditional audit methodologies and process for its digital assets continuously. The audit chain also proposes the expert team to conduct and check Auditchain system to do external enterprise validation in the real-time condition by the network. The Auditchain system fee for the enterprises can be reduced to the zero by using the subscription revenue sharing and enterprise participation of the decentralized and trusted digital economy assurance ecosystem.
The Auditchainblockchain currency considers as the DCARPE list of assets and with the ERC20 smart contract, this blockchain will move out to create a total of 250,000,000 Auditchain tokens that will be launched o the ethereum network. The Auditchainis consider as the highly secure and also valid environment for decentralized consensus audit system. The Auditchain is the multi-benefit blockchain system that allows the user to get a real-time financial report that includes the validity, reliability, and transparency of the auditing process in the integrated network and secure with the blockchain technology. For further information and join the campaign to get free Auditchain token you check out the community link below.
Ann Thread https://bitcointalk.org/index.php?topic=5152521.0
Posted by kurniawan05
Jul 29 2019
The Exploration of IOWN Blockchain System
The IOWN is the blockchain platform that exists as the marketplace for the user to pick the best investment. Find out about the IOWN blockchain system in this article information.
In the typical case, the business owners usually have the intention to expand the companies, but the problem is they’re always facing strict procedures, financial implication, etc. In the term to get a loan to fund their project. That IOWN platform exists as the medium to matched the people who want to invest their capital into a profitable and trustworthy project. But their lack of knowledge and experience to the project that has potential and good value. IOWN platform is using the digital market to help this process and increase their chances of securing the fund also make the smart investment choice. Here are in this article we will provide more information about IOWN blockchain system.
The Review of IOWN Blockchain System
IOWN blockchain platform focused on solving the investment problem in our current financial system, especially related to the shortages and drawback. The fact is that many business owners need loans to fund prospective projects. They failed to executed because of strict procedures and financial abundance to get a loan. IOWN platform builds the digital market ecosystem that use to increase the chances of the investor to get potential also trustworthy project to invest. The innovator can make their project running by getting the fund from a reputable source.
The IOWN platform bring the business world into the revolutionize era by bridging the gap between the business and investor. The IOWN platform is involving the two aspect which is digital blockchain system and comprehensive ecosystem of investment. Explore more about the IOWN blockchain platform in the information down below.
The Introduction of IOWN Blockchain System
The IOWN platform legally registered as an excluded company. Then has a base in the Cayman Islands and has an Information Technology office located in Dubai in the United Arab Emirates. IOWN platform is providing the core system and central place that can use for the business campaign, fundraising, or the governance donor. The platform will use as the global funding campaign that will give the service such as the smart investment and funding option and mechanism either for business owner or investor.
IOWN platform have the ecosystem which is include the user experience to access the platform for their investment or funding need. The ecosystem allow the user interaction transformed it with digitally and physically excecute the transaction of the user of investor or business owner through the token and smart aggrement. Naturally the IOWN token have the passive, nontransferable and unlimited supply token state that does not have the tradable API keys.
There are several plans of IOWN blockchain in term of to make progress of the IOWN vision on this platform through agile development and specific target. The IOWN defined the 4 phase as the progress of the platform that consists of the platform development, foundation base, financing, and execution of the program. This phase is running with the following principle support to make strategic direction and functionalities that include the decentralization, transparency, inclusion, growth, sustainability, and solve the disruption.
The first phase happens in 2018, which include the activities of IOWN project research and validation. That focused on detailed study and analysis of tokenization, blockchain, crowdfunding, traditional investment system, and planned services offering. Phase 2 is all about the IOWN concept and team development, phase 4 is starting the IOWN community and foundation, and the last phase of 2018 is about the IOWN platform setup. Entering 2019 in phase one is started with the IOWN private sales activities. That includes the sales campaign, platform development, smart contract development, partnership with 3rd party technology provider, and start holding licenses. Phase 2 is about the IOWN platform development, phase 3 started the IOWN business acceleration, and phase 4 started the IOWN expansion.
The IOWN token designed as the utility token that allows its investor to participate in the IOWN platform. This services for you to remember purchase the IOWN token does not entitle its investor to ownership right of the IOWN company. IOWN token listed on the several significant cryptocurrencies exchange such as Ethereum and Bitcoin. The IOWN token has the distribution scheme that consists of 12% bounty program, 2 % advisor, 6% founders and team, 67% public, and company reserve 13%.
IOWN blockchain system is running the business strategy that purposed to make the service ecosystem that creating modem distributed platform that featured with the integrated operational mechanism. The IOWN itself moves further progress by building business plan validated and executable to address several points such as the use of IOWN token after the official release, price support, and trusted solution of technology process and people user. IOWN get the revenue from the fees of service offered by the IOWN platform, market trading, and management fee and transaction for the business. The income itself is collecting from the IOWN platform user from an actual transaction, trading, and contractual fees.
IOWN blockchain system brings the concept of modernizing way and simplify investment chance through. The medium of the decentralized marketplace that can be accessible to all kind of user from beginner to expert in trading term also the business owner in the entire world. The IOWN platform, with its high advance technology, is offering the extraordinary investment chance to the platform investor. To get the best way for aspiring smart, investment move and visionary business potential that will give significant influence to our modernizing world. For you who interested with this blockchain platform, you can get the full detailed information about the IOWN blockchain in this link below.
IOWN also have the better security scheme to make sure its platform safe to access and running by the platform user. The IOWN implement several security measures to secure its blockchain system, including securing the keys system through the encryption, Multsig wallets, and multi-factor authentication like password and hardware token. Next, to ensure the platform by routinely do the internal and external testing and vulnerability assessment.
Securing the coding process is the securing process that implements the code security assessment tool like the Oyente and Manticore to uncover the vulnerabilities during the coding process. The last is code auditing that using the smart contract to ensure the level of security and trust access.
The IOWN blockchain system has the cryptocurrency token with the symbol of iOWN with the technical specification of ERC20 token that has the max potential supply for around 450,000,000 IOWN. The token sales started on January 04, 2019 to September 30, 2019. The token itself has the price from the hard cap $3,000,000 and soft cap $1,200,000 or can measure with the price of USD 0,01. The platform served the program that designed to award the company investor for participating in this token sales even the investor can receive the award of the bonus token up to 25% of the purchase.
The program is designed to award Company supporters and project believers for participating in our success. A ‘Believer’ is anyone who trusts in our company’s ideas and contributes by buying iOWN. There is 5 phase of the token purchase that offers by the platform. The first phase is about the up to 25% on their own purchases and 5% on the purchase. The other believers that invite by using their agent code. The next phase is up to 20%. The third phase is up to 17%, the fourth phase is about 10% of the purchase, and the last phase is up to 7% of the purchase.
There is also the IOWN token bounty campaign that offers a total of 2M IOWN token as the bounty prize. The bounty allocation is consist of the translation 20%, twitter 15%, Facebook 15%, Linked In 10%, Telegram 15%, and multimedia content 25%. The bounty campaign will hold in the 06-week start from June 23, 2019, into August 03 2019
The bounty participant must join the telegram group and forbidden to have multi-account that can be used to spamming or any cheating action. The bounty participant must insert the comment of proof authentication on the bounty thread before joining. The bounty participant that inactive on the group will not accept.
In our digitalized world, blockchain technology and crowdfunding are the two aspects that change the landmark of our economy of the world that we know it. IOWN platform of blockchain system itself has enabled to create the decentralized financial medium. This is to provide more security, privacy, transparency, and efficiency than another traditional financial method. On the other side, the crowdfunding term IOWN platform is promoting the ideas to make the project and business plan to get the fund by existing as the connector between the investor and innovator. If you are interested. Please try IOWN blockchain system, you can learn more about it in the link down below.
White Paper: https://www.iowntoken.com/iOWN-whitepaper.pdf
Bounty Thread: https://bitcointalk.org/index.php?topic=5155819.0
By admin • Blockchain Technology • Tags: business owners, Cayman Islands, information, IOWN, market, research, service, smart, technology, token