Imagine that a report that your auditor normally takes days to prepare, after going over months of transactions and ledger entries, is completed in seconds. This is the vision behind real-time reporting, a powerful new tool that can make use of distributed ledger technology that is based on blockchain technology. With the rise of real-time
An audit involves an examination of financial and non-financial information to form an opinion on the financial statements of an entity. The primary purpose of an audit is to ensure that the management of an organization is carrying out its fiduciary duty in the shareholder-management relationship. The Evolution of Audits Audits have a very long
Satoshi Nakamoto invented Bitcoin. But who invented the blockchain? Here, watch this exclusive interview from Cryptorich. Blockchain’s co-inventors, Dr. Stuart Haber and Dr. W. Scott Stornetta discuss their early work. Dr. Stuart Haber is currently Auditchain’s Chief Scientist.