Auditchain

Standard

ERC20

Auditchain Labs AG, a pioneer in web3 disclosure automation infrastructure, is proud to announce the roll out of <a href="http://pacioli.ai" rel="noopener noreferrer nofollow">Pacioli.ai</a>, a DiPIN, (decentralized physical infrastructure) crypto-asset white paper creation and AI based external validation protocol.
<a href="https://docs.pacioli.ai/" rel="noopener noreferrer nofollow">Pacioli.ai</a> enables regulatory compliance for crypto-assets under the new Markets in Crypto-Assets (MiCA) and Virtual Asset Regulatory Authority (VARA) frameworks without the need for expensive structured data experts and systems while avoiding regulatory crypto-asset removal orders from exchanges.&nbsp;
Pacioli.ai features the Luca Suite™, a disclosure automation infrastructure for collaborative machine readable crypto-asset white paper, financial, and sustainability disclosure creation. White papers along with embedded financial disclosures are created in the Luca SuiteTM and rendered in the iXBRL format, a machine readable as well as human readable disclosure now mandated under MiCA regulations.
Pacioli.ai features AUDT, an ERC20 “Annex I” crypto-asset and is detailed in the Pacioli.ai white paper which was created in Luca SuiteTM and can be viewed by <a href="https://dev.auditchain.finance/storage/d86235dd-9c07-4e73-bb3a-77cec2ee6e5c/ba2803aa/ixbrl-report-viewer.html#f-ixv-0" rel="noopener noreferrer nofollow">CLICKING HERE</a>.&nbsp;
Luca SuiteTM is the basis for, and is the first implementation of the forthcoming <a href="https://www.omg.org/insights/how-sbrm-enables-digital-asset-white-paper-compliance-under-the-eu-mica-regulations/" rel="noopener noreferrer nofollow">Standard Business Report Model</a> specification (“SBRM”) by Object Management Group®, (“OMG”). OMG is a global technical standard setter in 27 countries with over 230 member organizations.
Key Features of Pacioli.ai:
<ul>
 <li style="font-weight: 400;" aria-level="1">Automated Compliance: Users can generate white papers that meet the detailed compliance standards of MiCA and VARA without needing specialized regulatory knowledge.</li>
 <li style="font-weight: 400;" aria-level="1">Machine-Readable Documents: Ensuring all white papers are compliant with the iXBRL formats required for regulatory purposes.</li>
 <li style="font-weight: 400;" aria-level="1">Collaboration: Users can invite their counsel, accounting firms and CASPs to each contribute disclosure information.</li>
 <li style="font-weight: 400;" aria-level="1">External Validation: The Pacioli AI Validating Nodes are AI logic and reasoning engines that operate on a decentralized physical infrastructure (DiPIN) network that verify that white papers are complete and compliant.</li>
 <li style="font-weight: 400;" aria-level="1"><a href="https://docs.pacioli.ai/release" rel="noopener noreferrer nofollow">Recapture Compliance Costs</a>: Stakeholders can earn income by operating Pacioli AI Validating Nodes and validating compliance.</li>
 <li style="font-weight: 400;" aria-level="1">Pacioli Explorer: A web3 destination for analysis of the world’s compliant crypto-asset projects and service providers.&nbsp;</li>
</ul>
“With the introduction of structured disclosure requirements, the crypto-asset industry faces a significant challenge,” said Jason Meyers, Lead Architect of Auditchain Labs AG. Pacioli.ai not only meets this challenge but transforms it into an <a href="https://docs.pacioli.ai/release" rel="noopener noreferrer nofollow">opportunity to earn </a>income by running Pacioli Nodes while automating and offsetting the cost of compliance with MiCA and VARA for the entire crypto-asset space.”
Pacioli.ai features a variety of subscription levels as well as a freemium version to enable smaller teams to quickly come into compliance with MiCA.&nbsp;
For more information about Pacioli.ai and the Luca Suite™, please visit <a href="https://docs.pacioli.ai" rel="noopener noreferrer nofollow">https://docs.pacioli.ai</a>.
<a href="https://forms.gle/nrGKUEHSbC8vF6Ut7" rel="noopener noreferrer nofollow">CLICK HERE</a> to schedule a demo.

Auditchain Labs AG Announces Roll Out of Pacioli.ai for Compliance With MiCA and VARA White Paper Disclosures.

CoinstelegramEng

Other articles published on Jul 2, 2024

Daily Market Review: BTC, ETH, ZK, WLD, TON

Analyst Predicts Rise in WIF and Warns Crypto Bears

Shiba Inu (SHIB) Derivatives Volume Declines: Price Impact Analyzed

Robinhood’s Bold Crypto Futures Plan: Expansion Amid Regulatory Scrutiny

Whale Activity Boosts Ripple’s XRP

BlockDAG Takes the Helm in Crypto with a $54.9M Presale During Solana and Ethereum Tussles, Along...

Join our free newsletter for daily crypto updates!