Auditchain Announces Mainnet Deployment of its Staking Contracts for its Pacioli Validating Nodes – Press release Bitcoin News

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Auditchain Announces Mainnet Deployment of its Staking Contracts for its Pacioli Validating Nodes – Press release Bitcoin News
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Auditchain Announces Mainnet Deployment of its Staking Contracts for its Pacioli Validating Nodes

Pacioli is the Web3 logic and reasoning engine on the Auditchain Protocol that computes the output of the valid state of each economic entity based on its financial reporting style within a financial reporting scheme. The Pacioli client is a critical component of the Auditchain Protocol which raises the integrity and reliability of the world’s business and financial information.

The staking contracts allow anyone holding AUDT to delegate AUDT and earn income by “backing” Pacioli node operators and participating in the new Web3 financial reporting and assurance economy. The Pacioli agent, a node.

Validation of XBRL based financial models and financial statements prior to publishing and/or filing with regulators.

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