The TokenCheck Foundation is a group of organizations dedicated to establishing accountability and transparency in the Blockchain sector. Xriba powers the financial transparency of TokenCheck Foundation clients and provides smart contracts for accountability. The foundation performs financial audits to check whether released funds have been used appropriately, and technical audits of code and other products to check whether milestones have been reached.
MILESTONE BASED FUNDS RELEASE
To foster accountability funds collected during token sales are distributed to the company in tranches and linked to the achievement of milestones. A schedule detailing the milestones in question and the amount of funds to be released will be proposed by the fundraising company and detailed in their whitepaper. The funds release schedule is reviewed by the community, which is similar to the current token distribution model, and written into the smart contract for token sales . When the company indicates a milestone has been reached, a technical and financial audit is performed before the next tranche of funding to use in working towards the next milestone is released.
AUDIT REPORTS & TRUST RATINGS
Financial and technical audits will be performed before further tranches of token sale funds are distributed to the company, and published for full transparency. reports purchased will be scored on a scale of 0 to 100. Achieving a score of eighty or higher will unlock the next tranche. Scoring 70-79 will unlock 1/3 of the next tranche to allow for unprecedented success. Many users complain that there are not enough objective company metrics available in the Blockchain sector, by using audit reports we aim to provide an independent source of information about companies and their progress.
CORPORATE CASHFLOW DASHBOARD
Once funds have been sent for a token sale contract, there is little transparency, contributors have no view into how the company uses the funds. The Funds Transparency Dashboard is a solution which allows the community real-time visibility into the company's bookkeeping. Several methods are applied: - Blockchain; - Artificial Intelligence - OCR (Optical Character Recognition) - Mechanical Turk - Decentralized wallet.
The process for accountability and transparency.
Don’t miss the opportunity to join the Xriba token sale.
Accountants, auditors and lawyers dedicate a great deal of time classifying documents and carrying out administrative tasks. Artificial Intelligence will support companies and their teams to reduce the time and cost of these tasks.
Blockchain for companies
Xriba will hugely reduce the time required to transfer financial resources between companies, and above all make accounts management simple, swift and secure. Our ambition is to modernize company banking services by automating bookkeeping Xriba is the new decentralized payment system in the blockchain.
OCR - Optical Character Recognition
Accounts automation. Thanks to our optical scanning software, which automatically reads and processes invoices and other documents, the time used for payments will be slashed by 72% over the year.
Human Intelligence through API. The OCR system is supported by a team who monitors the process, therefore automating the entire bookkeeping procedure whilst maintaining integrity.
Only the account holder will be able to process payments directly through cryptocurrency, avoiding payments via a centralized account. This will help creating a safe and secure company deposit account.
This solution is already used by 10,000 clients.
Transparency protocol scaled to a global level.
Supported by highly successful entrepreneurs and venture capitalists.
Lead by auditing entrepreneur and influencer Gianluca Massini Rosati.
Serial Entrepreneur, bestselling author, and business angel specialized in taxes, data entry and company accounts. He has more than 20 companies in 5 countries, employing over 150 staff. He founded one of the big five accountancy firms in Italy and counting more than 10,000 active clients in the
last two years.
Co-Founder and COO of Bookkeeping Italia. Graduated in Economics and Business Management worked on BPO (Business Process Outsourcing), Integrated Administrative Services and Digital Highly -Automated Streams
since 2012. Project Manager for more than 1,000 companies’ accounting services, directing many teams in R&D and data processing, working together with the most important players of digital innovation worldwide.
Co-founder and CEO of Baasbox, a lecturer at the LUISS Guido Carli University teaching User Experience Design and Product Design in the pre-acceleration ‘Lean Start-up’ programme. Cryptocurrency and ICO expert.
Professional trader specialized in Interest Rate Derivatives with tens of millions of profits made in over four years of banking experience. Expert in Financial Economics, machine learning and AI with an MSc from London School of Economics.
Co-founder and CTO of Baasbox. Specialised in software analysis, mentor at the Google Launchpad Week and speaker at Droidcoin as well as at the Universities of Tor Vergata and Camerino. Author of ‘Getting Started with
Lead Developer at Baasbox, lecturing at various advanced mobile programming courses. Skillset spans a variety of sectors within software engineering; he conducts continuous research into innovative solutions.
Experienced Marketing Manager and public speaker with deep knowledge of digital marketing strategies. He has successfully created more than 100 marketing plans for companies between Switzerland, Italy and UK. In the last two years his primary focus has been setting up and developing two blockchain technology-based companies. He has also advised and consulted some successful ICOs and he currently leads / heads up the Xriba Marketing team.
Niada attends University of Economics in Bologna. After her degree she crates her Events and PR Agency, NiKi Events. With more than 20 years’ experience in this field, Niada organizes events all across Europe, bringing beauty, efficiency and excellence to all of her creations.
Masters in Law from the University of Florence. Driven, goal focussed and blockchain expert, she does not take “no” for an answer. A strategist who works best under the gun, she has a keen eye on the big picture and an unflappable quality that guarantees success.
In the financial sector for more than 12 years, started his career in Singapore with Standard Chartered and was closely involved in private residential and SME mortgage banking. In 2011, he joined Sing Investments & Finance Ltd a boutique finance house in a department that handles high-net-worth, SMEs, and corporate clients.
Billionaire. Digital Entrepreneur. One of the most significant Venture Capitalists
in Italy. Founder of eDreams.com and Volagratis.it. Founder and currently CEO
of lastminute.com, his group comprises more than 1,200 employees and supplies services to over 10 million travelers each year.
Successful Business Angel and entrepreneur. President of Wentworth Hall Consultancy and Senior Advisor at Allenbridge Epic Investment Advisers. One of the key global players and a pioneer in the development of the hedge fund industry. Managed one of the first and oldest European funds. Has worked as an advisor for central banks, international regulators, and other international
Fintech and digital transformation expert. A serial entrepreneur, bestselling author, and tech investor. Founding member of Level39, the largest tech accelerator in Europe for Fintech and future cities. Founder of StartupHome, a
co-living community for entrepreneurs.
Serial entrepreneur, expert in creating commercial networks, owner of businesses across a range of sectors including management consultancy, Blockchain projects and real estate development.
Supplies strategies geared at growing Italian and overseas business, with a view of helping businesses go international.
One of the founders of SolutionsHub, a company which develops start-ups for small-to-medium sized businesses, offering business consultancy, planning and strategic support services. Since 2009, he has successfully provided consultancy and multi-jurisdictional licensing services for eGaming. Following this, Lee increased his technical experience in the Blockchain and Fintech industries.
Early investor in Ethereum. Founder of EtherEvolution, the most popular Italian-language news portal on Ethereum. Speaker at ImpattoReale events, one of the most rapidly growing annual summits, on the study of financial market evolution and the impact brought about by the Blockchain revolution.
Involved in Blockchain technology since 2015, studying it from the perspective of an engineer. Founder of Spidchain, a company which uses Blockchain technology to improve digital identity management, guaranteeing users an increased level of security as well as simple and immediate use, at a reduced cost compared with current systems.
Behrang is the Co-founder of the boutique crypto consultancy Ten8.io. He brings to the table 8 years of leadership experience and consulting work for the world’s top brands and crypto startups. Behrang is well connected to strategic partners and decision makers in the crypto sector.
Jeff is a lifelong technology enthusiast and Software Engineer. He has been involved in the cryptocurrency space since 2014, worked for several Fortune 500 companies, and is well versed in the inner workings and market cycles of the cryptocurrency sector. Jeff provides consulting and advisory services in areas pertaining to blockchain technology application, market strategy, tokenomics, and early stage funding.
Lawyer, crypto and blockchain enthusiast, tax litigator. One of the first attorneys in Italy who studied the impact and the implications of crypto and blockchain technologies on the existing legal and tax framework. Luciano is one the founders of CeSFI (Center for International Taxlaw Studies) and a member of the Tax Justice Commission of the Bar of Lawyers in Milan.
FACTS & FIGURES
Circulating supply at launch:
USA, Canada and CHina are not allowed to participate in the token sale
XRA tokens drive uptake of the Xriba Protocol services. Many of the Protocol services are unlocked by holding XRA tokens. The greater the usage and popularity of the Xriba Protocol services, the lower the circulating supply of XRA will become:
● Xriba tokens are the payment method for services offered on the Xriba Protocol.
● When XRA are spent on services in the Xriba Protocol, spent XRA tokens are locked
for 6 months, after this time has elapsed the XRA tokens are used for company expenditure.
Xriba is a founding member of the TokenCheck Foundation.
Don’t miss the opportunity to join the Xriba token sale.