Triple entry accounting introduces a third entry (time-stamped immutable records), in addition to the first entry and the second entry, debit, and credit.
Torje Vingen Sunde, the CTO of Abendum, joins CoinGeek Backstage where he broke down triple entry accounting, and Abendum’s recent inclusion in a regulatory sandbox by the Norwegian government.
Concerning accounting, the same question seems to occur in the long run: who is the trusted third party being used in triple entry accounting of the future? Bitcoin or central banks?
Laws must pass to enable unmasking of those engaging in digital asset transactions, said the co-chair of the U.S. House of Representatives blockchain caucus this week.
It’s Day 2 of the CoinGeek Conference, and Patrick Thompson and Claire Celdran took the helm of CoinGeek TV, interviewing Stefan Matthews of TAAL and financial cryptographer Ian Grigg.
Triple-entry accounting is in a position to significantly increase efficiency across accounting and auditing, as discussed by a panel of experts at the CoinGeek Zurich conference.
The audience spoke very highly of part one and now part two of the Bitstocks podcast episode 45 with Dr. Craig Wright is here.
Abendum has created a solution that increases efficiency across the board in the accounting industry, especially in the auditing process.
In this week’s CoinGeek Pulse episode, we heard about Blockchain Nation Switzerland and some great news on two exciting updates within the Bitcoin SV ecosystem.
Abendum complies with the ISA 500 international auditing standard that determines whether a report is considered sufficient and appropriately complete for auditing.