Ninjastic
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Re: ICONOMI NEXT - our new vision, that puts you first
by
FissheZBTC
on 26/07/2019, 09:14:36 UTC
ICONOMI has become the first blockchain-based company to be blockchain audited by a "Big Four" professional services firm.

ICONOMI has become the first blockchain-based company to be blockchain audited by a "Big Four" professional services firm.

You can find more detailed information in our blog posts:
- ICONOMI's Digital Assets Verified by Deloitte
- Proof of Solvency: Technical Overview

You can also visit our dedicated web pages:
- Blockchain Audit
- Proof of Solvency 2018-04-05 Results

Some of the report

ICONOMI’s first blockchain audit represents one of the most important milestones so far, another bridge we have built between the old and the new economy, and another step we have made toward transparency and trust. With the help of our community, clients, partners, and employees, we are building a global story and setting up criteria for a better and more orderly blockchain industry. I’m convinced that with this move, by using the principles of the existing financial world and adding innovative processes from the emerging crypto-economy, we are taking another proactive step toward regulation. I’m also confident that such responsible practices will help pave the way for other blockchain-based companies. The only way blockchain companies will become widespread is through trust.
Self-regulation has become an important part of the blockchain industry. In the past months, we have demonstrated a commitment to trust, transparency, and self-regulation, such as through the approach we’ve taken to our extended quarterly Financial Reports.

We are proud to have demonstrated this commitment through our blockchain audit by Deloitte. By providing an independent overview, Deloitte verified that the digital assets on our platform have been reported accurately and that ICONOMI is solvent. On April 5, 2018, ICONOMI had $133.6M of liabilities and $210.2M of reserves, distributed across 80 digital assets, fully covering all liabilities. With this step, ICONOMI has become the first blockchain-based company to be blockchain audited by a “Big Four” professional services firm.