Our CTO Torje Vingen Sunde, is a guest at #TEATalks!
Explaining the importance of Financial Fingerprints, how they revolutionize accounting, the differences between TEA and traditional double-entry accounting, and how Enterprise Blockchain is reshaping the entire industry.
#TEAtalks Episode 3 is here!
@rhian_is & @torvinsun CTO @AbendumAs dive into how #TripleEntryAccounting is transforming auditing & fraud prevention.
🔹 Financial Fingerprints 🔹 TEA vs double-entry 🔹 Blockchain in accounting
Watch here: https://t.co/zcXr0w0Xu3
#TEAconf
Triple Entry Accounting: More automation for auditors
Triple Entry Accounting extends traditional double-entry by posting a third entry to a shared ledger (blockchain).
https://t.co/CJFeWVUbCb
"It is time for the accounting and auditing industry to discover Triple Entry Accounting. The necessary technology foundation is here."
- Torje Vingen Sunde, CTO Abendum
https://t.co/Lur2FDBZ1j
written by: Martin Coxall
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"Triple Entry Accounting presents standalone value even before the network effect begins. The result of this is an open standardized protocol for implementing Triple Entry Accounting as an extension to modern accounting systems." - Torje Vingen Sunde, TEA Conference Malta
SignOnChain uses Blockchain technology to secure, encrypt, and safely store all documents. The system creates a hash; a timestamped immutable audit log of the document's creation and eventual signatures.
So proud of Torje Sunde (@torvinsun)!
Currently presenting at the Triple Entry Accounting conference in Malta.
Make sure to read his newly released paper "Implementing Triple Entry Accounting as an Audit Tool—An Extension to Modern Accounting Systems":
https://t.co/vnFcPoZJ0a
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