Press Releases

Pacioli.ai – First-Ever RegFi Protocol Deploys to Mainnet

December 9, 2024

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The mainnet deployment of Pacioli.ai is revolutionizing regulatory disclosure and bringing 25 million annual XBRL disclosures on-chain.

Zug, Switzerland, December 2, 2024 — Auditchain Labs AG has efficiently deployed Pacioli.ai, the world’s first web3 RegFi (Regulatory Finance) protocol, to the mainnet. Designed to revolutionize regulatory reporting, Pacioli.ai integrates a DePIN (Decentralized Bodily Infrastructure Community) of nodes able to studying, understanding, and detecting inconsistencies in machine-readable stories. The deployment on Polygon, which occurred on November 22, 2024, marks a pivotal step in direction of remodeling compliance with extra plans to increase throughout different EVM chains.

On November 26, 2024, the primary on-chain validation of an XBRL monetary assertion was achieved, demonstrating the platform’s groundbreaking capabilities in processing over 25 million XBRL stories filed yearly throughout 200 regulators in 65 jurisdictions.

Redefining Disclosure with Pacioli.ai

Pacioli.ai introduces a state-of-the-art disclosure automation administration suite that simplifies the preparation of XBRL-based stories. By eliminating the necessity for outsourcing or costly structured information consultants, the platform enhances inside management and mitigates the chance of inconsistencies in disclosures.

The platform presently helps the next XBRL reporting frameworks:

MiCAR (EU): Crypto-Asset White Papers.
VARA (UAE): Digital Asset White Papers.
ESRS (EU): Sustainability Reporting.
IFRS: For firms and SMEs.
US GAAP: Monetary reporting requirements in america.

Future updates will lengthen Pacioli.ai’s protection to embody a complete vary of disclosures.

Jason Meyers, Lead Architect said; “This deployment represents an extended awaited milestone that begins a journey to create the web of disclosure and transfer machine-readable monetary, sustainability and crypto asset disclosure into web3”.

Empowering Evaluation

Past disclosures, Pacioli.ai allows customers to investigate and index monetary stories filed with the US Securities and Trade Fee. The platform permits customers to evaluate the reliability of those stories by figuring out qualitative and quantitative inconsistencies which will fall exterior the scope of conventional audits.

The Rise of RegFi

Pacioli.ai units the usual for the RegFi class by combining incentives, DePIN, and cutting-edge LegalTech and RegTech options. The ecosystem depends on the AUDT token for settlement, staking, and governance. Stakeholders submit disclosures to the community for validation, paying AUDT to entry Pacioli.ai’s exterior validation providers. This ensures an incentivized, self-sustaining ecosystem that prioritizes compliance integrity.

Preliminary Node Providing

To energy the ecosystem, 2,200 licenses with full reporting and validation capabilities are being provided by means of Pacioli.ai’s Initial Node Offering (INO). Every license features a Pacioli AI Validating Node, represented by an NFT, together with 7,000 AUDT tokens. Activation requires an extra 7,000 AUDT from the person. The five-phase pricing begins at $1,800 for early adopters and concludes at $2,850.

Be taught Extra

Go to Pacioli.ai to discover how the platform is shaping the way forward for on-chain disclosure.

Media Contact: Auditchain Labs AG
E-mail: [email protected]

About Pacioli.ai
Pacioli.ai is a DePIN-based platform for collaborative creation and validation of machine-readable disclosures, supporting international requirements and crypto-asset laws.

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About Auditchain Labs AG
Auditchain Labs AG develops AI-powered web3 disclosure infrastructure for compliance and assurance, driving innovation in how disclosures are created, validated, and consumed.