0x193cdd9e…b032sent to0xab41925d…f9ee·#523,727·view on Etherscan
http://i.imgur.com/gmnVNG4.pngTriple Entry Accounting- Balanc3 is a smart contract powered Triple-Entry Accounting system that uses the non-repudability and comprehensive audibility of the blockchain to guarantee the integrity of accounting records
- Balanc3 uses ESign and IPFS – a decentralized data storage platform – and the Ethereum blockchain to construct, store, manage, and digitally sign documents
- Documents may be in the form of self-enforcing smart contracts like employment contracts or invoices, or traditional text agreements
- Invoicing through smart contracts automatically processes and records payments
- The blockchain ensures that accounting records are not alterable, once committed, even by the owners of the accounting system
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