Decentralized Continuous Audit & Reporting Protocol EcosystemTM
They have some big names on their team including one of the developers of blockchain technology himself: Dr. Stuart Haber. Dr. Haber was referenced three (3) times in Satoshi Nakamoto’s whitepaper on Bitcoin (Satoshi Nakamoto was the creator of Bitcoin).
They have also hinted that they’re adding another big name to the team soon.
When you start talking about audits, some people get as fired up as when talking about religion or taxes. Depending on what industry you’re in, and what your job is, you may have to deal with audits on a regular basis. Anything making audits more standardized, tamper-proof, secure, and accurate is a positive development. By leveraging the power of the blockchain, a distributed ledger system, Auditchain aims to do just that.
Read about all the specifics and their team on the Auditchain website.
They do not have a timeline on their website yet (at the time of this posting), so keep an eye on their website (and here) for more information and news.