In an attempt to provide accurate information and equitable appraisal for future DIPO projects, LiveTrade has successfully connected with Deloitte and PwC – two of the Big Four accounting firms. Accordingly, Deloitte and PwC will join the list of auditing firms that will work to audit the financial activities of SMBs and projects that would like to raise funds under the DIPO model by LiveTrade.
The audit document will serve as the basis for LiveTrade and its partners to assess the project potential, thereby deciding which project is qualified to be listed for token offerings. This will further ensure the accuracy and completion of financial data provided by SMBs and projects, thereby giving investors a solid basis for consideration before making investment decisions.
The compliance to international auditing standards will reinforce the advantages of the DIPO model over other blockchain-based crowdfunding platforms in terms of security and risk-minimizing. LiveTrade will enhance and perfect the DIPO model to not only facilitate the fundraising of small and medium businesses but also provide investors with better protection from scams.
About Deloitte
Deloitte is a leading global provider of audit and assurance, consulting, financial advisory, risk advisory, tax & legal, and related services. It is also a global leader in providing multi-disciplinary blockchain advisory and technology delivery. It has over 1500 dedicated blockchain practices across audit & assurance, consulting, tax, corporate finance and risk advisory as well as dedicated blockchain centers of excellence in New York (Americas), Dublin (EMEA) and Hong Kong (Asia Pacific).
About PwC
With offices in 155 countries and more than 284,000 people, PwC is among the leading professional services networks in the world. The firm provides an audit methodology and supporting tool specifically to provide assurance services for entities engaging in crypto-asset transactions. Their tools support clients transacting in many of the most common cryptocurrencies, such as Bitcoin, Bitcoin Cash, Bitcoin Gold, Litecoin, Ethereum, Filecoin, Ripple, Tezos, Smart contracts on Tezos blockchain, and many of the ERC20 tokens.
