TRIPLE ENTRY ACCOUNTING
Make an Audit Trail: Securely Connect Accounting Records to the Blockchain
Make an Audit Trail: Securely Connect Accounting Records to the Blockchain
TRIPLE ENTRY ACCOUNTING
IS A NEW EMERGING TECHNIQUE
It extends the classical double entry bookkeeping by using a common shared ledger in the form of the public blockchain. The third dimension is thus the integration between companies & identity components.
Building solutions to integrate digitally signed accounting data across companies.
- Combating the increasing problem of spoofing and fake invoices
- Authenticate documents information
- Provide relevant and reliable audit evidence
- Aid the execution of anti-money laundering ongoing due-diligence
Giving Clients complete ownership & control of their data.
- Our business model is not based on secretly selling client data.
- Clients who wish to sell or share their data can choose to do so in our data marketplace in fair and transparent terms.
Better Information, Better Decisions.
Reliable & relevant data at your fingertips. Readily documented.
Abendum is a start-up focusing on developing secure scalable and cost-effective Triple Entry Accounting with Global Integrated Accounting Solutions, digital Signing, Storage and Transfer of business documents, Decentralized Identities and GDPR supporting solutions using the public Blockchain.
We aim to solve today’s challenges with auditing (better evidence material (external confirmations ISA 505), documentation flow, data analysis, time, cost) through a decentralized solution that provides Digital Signatures on Global Integrated Accounts. The solution will integrate with ERP and accounting systems using technologies from UNISOT.
ABENDUM’s TE-Audit
We are building the Triple-Entry-Audit Dashboard with functionality for Analytics, Reconciliation and Drill-down to single transactions – Readily Documented and linked to The Shared Ledger.