Cyrpto Mania

Self-auditing state of a distributed ledger and the validation of transactions frst occurred on January 4, 2009 with the launch of the genesis block of the Bitcoin blockchain. Continuous audit is evolving in theory and practice. Its practice is limited mainly to internal reporting controls. The application of jurisdictionally compliant accounting treatment to transactions and reporting system risk controls occurring in most business processes is now theoretically possible concurrently within and subject to a decentralized continuous audit environment pursuant to SSAE 18 and IASE 3402 standards through the use of confgurable “Ricardian” type smart contracts. Such contracts, as proposed in this paper, do not hold custody of value but instead execute commands for how legal conditions and value are treated based on a fxed or evolving arrangement. Auditchain proposes to embody an ecosystem that includes a blockchain protocol and an open source library of accounting smart contracts sufc...

Ferrum Network, designed by a distributed systems expert with over ten years experience at the world’s biggest tech companies, was built to address two fundamental problems impeding the mainstream adoption of cryptocurrencies: slow transaction speeds and the lack of interoperability between networks. Instead of building a standalone network, Ferrum Network leverages the values of existing blockchains and connects them to a high-speed transaction layer that enables peer-to-peer transactions of any digital asset. Like the Lightning Network for every blockchain, Ferrum’s revolutionary technology brings networks together, for a consistently high-speed, low-cost transaction experience for every digital asset, whether BTC, ETH, XRP, EOS, Zcash, and so forth. It even works with fiat currencies. Laser-focused on user-acquisition and global adoption, Ferrum Network has built a vertically integrated line of financial applications on top of the network, allowing users to buy, exchange, tra...

Sesame tokens provide food delivery services based on requests for clients through decentralized blockchain technology. As such, it has eliminated the need for third party providers needed by conventional means of offering food services on demand. Sesame Token aims to create a platform not only for customers to access instant food delivery but for restaurants and couriers to make direct transactions. The food sector is one of the essential industries of today. As the population increases in the world, the development of the food sector is developing in direct proportion. Because to feed billions of people on earth, production, supply chains, and restaurants have to be in operation. Therefore, in the food sector has an extensive network. One of the significant problems in this sector is the variability of restaurants, which is a waste problem that develops due to regular demand. It is evident that tons of food are thrown into the garbage every day. Another issue is the ...

Solarex, the energy solution startup aims to put forward an innovative blockchain model that will disrupt, decentralise, decarbonise, digitalize and democratise the access to energy for all. Solarex the blockchain based Solar Energy Company that promises to be the most sustainable energy provider across the globe has launched its Utility Token (SRX) which will have multiple uses in the Solarex Ecosystem, with SRX, users will be able to purchase energy from Solarex Ecosystem, transact payment in the p2p energy marketplace, make cross border, incentive and referral payments, service purchase, project financing, loan repayment, access product discount and community development program. Why Solarex Solar Technology has gained global approval and has ultimately become the main driver in the energy market in most developed countries deploying its potential in boosting their renewable target. Solarex as a complete blockchain based initiative geared towards resolving energy crises in ...

xCrypt, a full-fledged hybrid crypto exchange platform, is gearing up for its highly anticipated token sale on the 24th of May. The platform is aspiring to be at the forefront of the fintech revolution by combining the traditional world of finance with the vast array of innovations made possible by blockchain technology. The xCrypt platform is currently in its launch phase, which is good news for investors as the native token that powers the exchange ecosystem can still be purchased. For the token sale, the xCrypt team decided to take the Initial Exchange Offering route in collaboration with IDAX. With the platform’s support for cryptocurrencies, fiat currencies and securities and its impressive list of strategic partnerships, an integrated debit card and innovative social media trading features, the xCrypt IEO is a token sale to get excited about.  What is xCrypt? The xCrypt platform is establishing an end-to-end crypto-asset exchange ecosystem catering to every need of...