Information Embargos in an Open Ledger Based Society
summary
A protocol recruits accountants run nodes to apply blockchain-style validation to corporate financial statements using a standardized ontology across 50 jurisdictions; a testnet launches next week after five years of development. The system flags defects (claims half of filed reports contain defects), rewards validators with staking, settlement and governance token utility, and offers a click-through permissioned audit trail and an on-chain/traditional data merger for tracing cross-Protocol collateralization.
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chapters (9)
- 0:00Intro
- 0:50Jason Meyers
- 1:50What is Autochain
- 3:40Faith vs Trust
- 6:00Blockchain Style Validation
- 7:20Node Architecture
- 13:25Audience Questions
- 14:25Can we force economic entities to open their books
- 17:05The SECs position on financial disclosure
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