Auditchain unveils compliant AI white paper creator Pacioli
WEB3 disclosure automation infrastructure pioneer Auditchain Labs AG has rolled out its crypto-asset white paper creation and AI-based external validation protocol Pacioli.ai.
The decentralised physical infrastructure (DiPIN) enables regulatory compliance for crypto-assets under the new Markets in Crypto-Assets (MiCA) and Virtual Asset Regulatory Authority (VARA) frameworks without the need for structured data experts and systems while avoiding regulatory crypto-asset removal orders from exchanges.
Pacioli.ai features the Luca Suite™ - a disclosure automation infrastructure for collaborative machine readable crypto-asset white paper, financial, and sustainability disclosure creation. White papers along with embedded financial disclosures are created in the Luca SuiteTM and rendered in the iXBRL format -a machine readable as well as human readable disclosure now mandated under MiCA regulations.
"With the introduction of structured disclosure requirements, the crypto-asset industry faces a significant challenge," said Jason Meyers, Lead Architect of Auditchain Labs AG.
"Pacioli.ai not only meets this challenge but transforms it into an opportunity to earn income by running Pacioli Nodes while automating and offsetting the cost of compliance with MiCA and VARA for the entire crypto-asset space."
Pacioli.ai features a variety of subscription levels as well as a freemium version to enable smaller teams to quickly come into compliance with MiCA.
Key features:
- Automated Compliance: Users can generate white papers that meet the detailed compliance standards of MiCA and VARA without needing specialised regulatory knowledge.
- Machine-Readable Documents: Ensuring all white papers are compliant with the iXBRL formats required for regulatory purposes.
- Collaboration: Users can invite their counsel, accounting firms and CASPs to each contribute disclosure information.
- External Validation: The Pacioli AI Validating Nodes are AI logic and reasoning engines that operate on a decentralised physical infrastructure (DiPIN) network that verify that white papers are complete and compliant.
- Recapture Compliance Costs: Stakeholders can earn income by operating Pacioli AI Validating Nodes and validating compliance.
- Pacioli Explorer: A Web3 destination for analysis of the world’s compliant crypto-asset projects and service providers.
For more information about Pacioli.ai and the Luca Suite™, please visit https://docs.pacioli.ai.
