accounting

While blockchain theoretically unlocks "triple-entry accounting", hashing all accounting activity to a public ledger is problematic for businesses. 

Application of ZKP feels like the solution, but trust of the tech and practical implementation is a massive hurdle.

Has anyone seen interesting ideas on this front?

(1/2) I don't think its adoption is as big of a hurdle. When corporate GLs were solely on-premise the idea that CFOs would move their financial data to cloud-based solutions was ridiculous. However the value proposition of accessing your data and scaling your finance organization globally was clear.

building ai accounting for web3 teams at  @entendre entendre.finance

(2/2) I believe it's an issue of necessity or overkill from an accounting / controllership perspective. Can auditors & controllers be placated with perfect double entry for crytpo transactions? 

We're building AI accounting at entendre.finance to do just that. Happy to chat more!