auditing

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Auditing and Crypto: Testing Ownership

30 Jan 2021 3 minute read 0 comments Crypto Accountant

How can you test/prove "ownership" when it comes to cryptocurrencies? CPA procedures on Crypto balances The world of business and banking institutions have developed, over many years, systems where an organization can say they have "Cash in Bank" and...

BitGo Will Use Chainlink’s Proof of Reserve to Boost Auditability of Wrapped Bitcoin

2 Oct 2020 1 minute read 1 comment Abhimanyu Krishnan

Institutional platform BitGo will use decentralized oracle provider Chainlink's (LINK) proof-of-reserve solution to streamline the auditing of $1 billion in Wrapped Bitcoin (wBTC), according to an announcement published on October 1. BitGo and Chain...

Blockchain - The revolutionary technology

10 Sep 2020 5 minute read 0 comments Simplify Crypto

The technology that allowed the creation of this new world is called blockchain! The blockchain - chain of blocks - quite simply, is a database stored in immutable blocks, dated and linked by cryptographic means, maintained by a distributed network o...