Trusted Node service will increase belief and accessibility for Hedera ecosystem members and their monetary auditors
Dallas, TX — February 5, 2020 — Hedera Hashgraph, the enterprise-grade, public distributed ledger platform, has introduced a strategic partnership with Armanino LLP, one of many 25 largest accounting and enterprise consulting corporations within the U.S. The partnership permits Hedera ecosystem members to leverage Armanino’s DLT assurance know-how platform, TrustExplorer, and its new Trusted Node information service for a dependable supply of transaction and account information.
Lionel Chocron, Chief Product Officer of Hedera Hashgraph, mentioned, “Distributed ledger know-how has the facility to introduce unprecedented transparency, safety, and efficiency to a myriad of industries; nonetheless, for ecosystem members and their auditors, interacting with DLTs and extracting their information can current vital inefficiencies. Offering a scalable and environment friendly DLT community means making certain that everybody, from our builders to our large-enterprise adopters, can simply monitor their very own information on the community to be audited.”
With industry-standard belief mechanisms, the Armanino Trusted Hedera Mirror Node service affords Hedera ecosystem members and their monetary assertion auditors related and dependable sources of data for stability sheet accounts with materials exercise in Hedera’s native token, the HBAR.
Andries Verschelden, Armanino partner-in-charge of Blockchain, mentioned, “Placing information on blockchains and distributed ledgers affords nice promise; nonetheless, making that information usable is difficult. We imagine there will be no mainstream adoption with out enterprise-grade belief mechanisms. As we speak, we’re constructing extra belief and transparency with key companions and offering actual instruments to facilitate adoption. Our TrustExplorer platform, and all its functions, have been designed from inception to be compliant, with a sturdy and auditable management atmosphere.”
Armanino’s TrustExplorer might be audited by a third-party impartial accountant below the American Institute for Licensed Public Accountant’s system and group controls (SOC) reporting customary.
Chocron concluded, “Hedera would be the way forward for the decentralized web. This purpose finally requires quick, efficient routes to auditability and regulatory compliance. From a person investor finishing a tax return, to a big enterprise demonstrating regulatory compliance, Hedera continues to prioritize these efficiencies to make sure the scalability and lifelike useability of the community.”
For extra details about the partnership, click on right here.
About Hedera Hashgraph
Hedera is a decentralized public community the place anybody can carve out a chunk of our on-line world to transact, play, and socialize in a safe, trusted atmosphere. Builders can construct safe, truthful, blazing-fast decentralized functions on prime of the Hedera platform. Co-founders Dr. Leemon Baird and Mance Harmon invented and developed the groundbreaking hashgraph know-how after working at america Air Drive Academy and as founders of Trio Safety, BlueWave Safety, and Swirlds, Inc.
For extra info, go to www.hedera.com, or comply with us on Twitter at @hashgraph, Telegram at t.me/hederahashgraph, or Discord at www.hedera.com/discord. The Hedera whitepaper will be discovered at www.hedera.com/whitepaper.
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About Armanino LLP
Armanino LLP (www.armaninollp.com) is without doubt one of the 25 largest impartial accounting and enterprise consulting corporations within the nation. Armanino supplies an built-in set of audit, tax, enterprise administration, consulting and know-how options to corporations within the U.S. and globally. The agency helps shoppers adapt and alter in each stage of enterprise, from startup by fast development to the sale of an organization. Armanino emphasizes sensible know-how, main a cloud revolution of economic, operational, gross sales and compliance instruments which might be remodeling the best way corporations do enterprise. The agency extends its world providers to greater than 100 international locations by its membership in Moore International, one of many world’s main accounting and consulting membership organizations. Along with its core consulting and accounting practices, Armanino operates its division, AMF Media Group (www.amfmediagroup.com), a media and communications providers company. Its affiliate, Intersect Capital (www.intersectcapitalllc.com) is an impartial monetary planning, wealth and life-style administration agency.
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