“Has to be realtime!” — Said panelist Eric Van Der Kleij.
Our founder Jason Mayers asked panelist “What is your opinion about the nature of periodic audits in stable coins” during the Why Does the World Need Stable Coins? panel at the 2019 Crypto Finance Conference in St. Moritz Switzerland.
Jason directed the question to Alexander Panasuk, founder of Stablecoin.Foundation, who recognized our project and said:
“Is the Number 1 Issue in the industry (…) we definitely need a new approach to auditing, I mean, how can we audit with digital money just in a quarterly basis?”
To which panelist Eric Van Der Kleij interrupted with “Has to be real-time, come on!”.