Tech News

DCARPE Alliance Welcome Gilded Finance In New Integration in 2019

Developer of Enterprise Crypto Accounting Software to Integrate with DCARPE Assurance and Disclosure Platform

Dcarpe Alliance And Gilded Finance

On April 17, 2019, DCARPE Alliance, an accounting, audit, financial reporting and blockchain technology consortium welcomed Gilded, Inc. as a premier member and service provider.

Gilded will become a premier provider of enterprise accounting software for digital assets to customers on the DCARPE Assurance and Disclosure Platform. Gilded will collaborate with Auditchain and other members of the DCARPE Alliance to integrate into the DCARPE Explorer as a 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.

Auditchain will enable enterprise customers to build, deploy and monitor “enterprise state machines” through the DCARPE Explorer which will feature Gilded’s crypto accounting system and the Monax legal contracts platform. Rymedi, also a member of the Alliance will be leading the API integration of the Gilded crypto accounting and Monax smart contract platforms into the DCARPE Explorer.

Jason Meyers, Founder of Auditchain states; “We are really excited that Gilded has decided to join this effort. They will provide enterprises with an indispensable component required for issuers of digital assets to submit to continuous external validation and real-time reporting”.

Continuous enterprise state machine external validation and real-time financial reporting require the deployment of an accounting system specifically designed for accounting for digital assets. Enterprises using the Monax contract management platform integrated with the Gilded crypto accounting system will now be able to automate the classification and categorization of 100% of all payments relating to contractual relationships into the general ledger; a process that will be required for real-time financial reporting.

Gil Hildebrand, CEO of Gilded stated; “Digital assets are a mainstay and will continue to grow exponentially. We are excited to partner with Auditchain and join other members of DCARPE Alliance. Real time assurance and financial reporting is desperately needed in the crypto space. Auditchain and the Alliance is the only effort I have seen that is truly driving the transformation of assurance and disclosure”.

Joseph Ryan, CPA and CFO of Gilded also commented; “We are thrilled to partner with Auditchain and join the DCARPE alliance. Digital assets are creating a need for real-time reporting and continuous assurance, and we are excited to be at the forefront of this change.”

The DCARPE Assurance and Disclosure Platform will enable continuous enterprise external validation by a network of CPAs and Chartered Accountants as well as financial statement reporting in real time 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 membership@dcarpe.org

The DCARPE™ Alliance represents members of the investment, accounting, audit, financial reporting, technology and academic communities, who are collaborating to drive adoption of decentralized continuous audit and reporting protocol standards, using Auditchain.

Auditchain is the world’s first decentralized continuous audit and reporting protocol ecosystem. Auditchain enables the real-time presentation of financial statements and audit analytics on a permission-only basis or to the general public.

 

You can read more articles about auditchain here.


If you would like to have your company featured in the Irish Tech News Business Showcase, get in contact with us at Simon@IrishTechNews.ie or on Twitter: @SimonCocking

Jordan Hussain

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