DCARPE Alliance, an accounting, audit, financial reporting and blockchain technology consortium, founded by Auditchain is pleased to announce that BANKEX has joined as a member and premier service provider.
BANKEX will become a premier provider and integrate its tokenization and securitization platform into the DCARPE Assurance and Disclosure Platform. BANKEX has also partnered with Auditchain and will collaborate with other members of the DCARPE Alliance to integrate the BANKEX tokenization and securitization platform service into the DCARPE Explorer as third-party service provider for enterprise consumption and utilization.
Auditchain; the founding member of DCARPE Alliance along with members in the technical category are leading the development and integration of the DCARPE Assurance and Disclosure platform; the world’s first decentralized continuous assurance and real time financial reporting protocol.
The integration of the BANKEX Platform into the DCARPE Assurance and Disclosure Protocol will enable enterprises to tokenize securities and assets under the witness of CPAs and Chartered Accountants who run external validating nodes on the DCARPE Assurance and Disclosure Platform.
Proof of issuance, existence and transfer of securities is required in order for an enterprise to automate the updating of statement of changes in stockholder equity reports in real time. Continuous external validation of enterprise financial state requires that all securities be machine readable and cryptographically verifiable.
Jason Meyers, Founder of Auditchain states; “Partnering with BANKEX provides another critical piece of assembling the programmatic enterprise. The proof of existence and transfer of 100% of all securities transactions moves the DCARPE Alliance closer to enabling the creation of the programmatic enterprise. We are excited that BANKEX has agreed to collaborate and become part of the Alliance”.
Igor Khmel, Founder of BANKEX noted; “We are really excited to join DCARPE Alliance and partner with Auditchain. A big challenge with securitization is treating and disclosing it and obtaining assurance after the fact. Auditchain and the Alliance are putting together an incredible ecosystem that enables issuance, assurance and disclosure to occur almost contemporaneously. Our continuous securitization platform is perfectly complemented by the work Auditchain is doing. We look forward to working with the other Alliance members to bring it all to life.”
The BANKEX service offering combined with the Monax agreements platform and Gilded’s enterprise crypto accounting system will accelerate an enterprise state machine implementation technically suitable for enterprises and digital assets to submit to continuous external validation and real time financial reporting.
The DCARPE Assurance and Disclosure Platform will enable continuous enterprise state machine and real time financial performance external validation by a network of CPAs and Chartered Accountants for issuers of digital assets. The DCARPE Explorer will also offer public subscriptions to deeper financial detail and audit analytics as well as the ability to access tools to build dynamically updating thesis-based reports that ultimately have the potential to mechanize the foresight of oncoming risk.
CPAs, Chartered Accountants and those who have an interest in making contributions in the technical and thought leadership categories are encouraged to apply for membership by visiting https://dcarpe.org/join or email email@example.com
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About DCARPE Alliance:
Auditchain is the founding member of the DCARPE™ Alliance which is comprised of members of the accounting, audit, financial reporting and blockchain community. The DCARPE™ Alliance was formed to collaborate with its members on the development and launch of the DCARPE™ Assurance and Disclosure Platform as well as invite thought leadership on matters such as regulation, implementation, scaling and adoption. The DCARPE™ Alliance will hold events and symposiums as well as educate the investment, enterprise and regulatory community about the benefits of continuous external validation and real time financial reporting using the DCARPE™ Assurance and Disclosure Platform.
Auditchain is the developer of the world’s first Decentralized Continuous Audit & Reporting Protocol Ecosystem™ for digital asset and enterprise assurance and disclosure. Auditchain is leading the development of a public blockchain ecosystem populated with CPAs and Chartered Accountants who externally validate the state of enterprise systems and controls as well as financial performance on a continuous basis and in near real time. The DCARPE™ Explorer is a subscription based public block explorer that renders financial statement data and audit analytics in real time to subscribers.
BANKEX is a leading global financial technology company developing a tokenization ecosystem, providing technology and services at every stage. BANKEX operates a Proof-of-Asset Protocol to bring Bank-as-a-Service (BaaS) and blockchain together and facilitate the digitization, tokenization & exchange of traditional assets, ushering in a new era for finance and banking: Securitization 2.0.
Auditchain has developed an MVP of the DCARPE Assurance and Disclosure Platform. CLICK HERE to watch a demo video of the platform.