Cardano CEO Announces Breakthrough: Can ADA Break Out? [Yahoo! Finance]
HANNOVER RE SE S/ADR (HVRRY)
NASDAQ:AMEX Investor Relations:
hannover-re.com/122688/investors
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Source: Yahoo! Finance
The Audit Cost Breakthrough The Cardano Foundation posted 7,000 financial transactions using a product called Leccia on the blockchain. Grant Thornton then used legal entity identifiers to download all transactions, compare them to the bookkeeping ledger, and sign the audit. The process proved institutions can lower audit costs by nearly 50% while moving from spot checks to full architectural audits that examine all transactions, Gregaard told Cointelegraph at Paris Blockchain Week. Don't Miss: A single bad hire can set a startup back years. Here are the 5 hires founders most often misjudge — and why Still Learning the Market? These 50 Must-Know Terms Can Help You Catch Up Fast “Instead of a spot check of transactions, they can look at all the transactions,” Gregaard said. “We are the only blockchain who has enabled that using legal entity identifiers.” The London Stock Exchange Play Cardano partnered with Members Cap to tokenize exposure to Hannover Re, one of the
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