Xriba has developed a protocol, accounting applications and various tool- sets to address the ambiguity in evaluating cryptocurrency companies from a financial perspective; Providing cryptocurrency companies and traditional companies alike a framework for remaining transparent and accountable to their investors, supporters, and the open market.
Xriba has developed an open accounting protocol called the “Xriba Protocol” to record financial transaction records on a public decentralized ledger. This is revolutionary for the accounting industry and creates a decentralized method for saving archiving, and querying financial transaction records. The Xriba Protocol includes an open API that allows any third-party company to build their own accounting applications or tools on top of.
Xriba was created to bridge the traditional financial frameworks with that of the Cryptocurrency Market and to bring an increased level of transparency and accountability to all markets.
In traditional businesses, when companies receive investment and startup capital they are subject to an increased level of transparency and accountability. Traditional businesses remain transparent and accountable to their investors and supporters by releasing quarterly statements, working hand-in-hand with investors maintaining clear communication of road maps and timelines, taking advice and input from investors and other applied tactics. Each traditional company works differently, but a common denominator that they all have is quarterly statements that inform their investors and supporters of their current financial standings.
This accountability and transparency is completely missing from the cryptocurrency space. Nearly all cryptocurrency companies fail to produce quarterly statements and rely on their marketing team’s tactics to convey the companies current standing to both their investors and the public. This creates a transparency problem in the cryptocurrency space and makes it very difficult to properly evaluate a cryptocurrency company. The current method of evaluating a cryptocurrency company is very subjective and leaves much room for interpretation.
Xriba has developed a protocol, accounting applications and various toolsets to address the ambiguity in evaluating cryptocurrency companies from a financial perspective; Providing cryptocurrency companies and traditional companies alike a framework for remaining transparent and accountable to their investors, supporters, and the open market.
Xriba is a next generation accounting protocol that provides transparency, accountability and bookkeeping services to cryptocurrency and traditional businesses.
All ratings published on ICObench serve informational purposes only. ICObench does not provide investment forecast, recommendations or any consulting for that matter. Thus, neither ICObench, nor the experts can be hold responsible for the visitors’ investment decisions. Read more
Cofounder of International Consensus Association | Investor Relation | China Market Rated on May 2, 2018
5
5
4
15%
This project address the needs in most of ICO cosystem, especially from investor point of view. Although blockchain is transparency, however, the using of fund is not. And the beta product is online, I have confidence on the project team can perform as they planned.
CEO and Founder Perhalic, ICO Advisor, Investor, PR and Marketing Expert Rated on May 27, 2018
5
5
5
14%
Great team very experienced team and advisory board.......... I my opinion crypto space need this kind of project...... have working product too... will suggest this one as a good investment.........
Crypto Expert, Advisor, Business Developer @ Amicaborsa Rated on May 6, 2018
5
5
5
8%
A great product, with a wide applicability.
I met the team in Milan and they are really really tough and prepared.
One of the best ICO I have seen up to now
ICO Advisor | ICO Consulting | Project Review |MBA Finance and Strategy |9+ Years of Corporate Experience | Crypto Trading and Investing Rated on May 4, 2018
4
5
4
8%
With a great vision and that is the utmost need of the hour especially when the whole crypto market is facing scam projects surviving on the money collected from investors. The concept is also in line with DAICO concept from Ethereum founder, wherein the accountability of funds use will be in the hands of investors. Another similar project that reminds me is Ledgerium, which is otherwise building a similar product for accounting records on the blockchain.
The Xriba core team is strong and experienced in the industry.
The advisors also seem to be seasoned, diverse professionals with great backgrounds.
Providing accountability, transparency and security is a great necessity for a company to have devoted customers who will trust them.
Showing and saving financial transactions is one way of showing the world that you have nothing to hide. With blockchain, Xriba will show complete transparency for companies across the globe. Something that is definitely needed for the success and trust between investors and companies.
The company has a product/service that can change due diligence. Best of luck to the team!
Experts are independently and voluntarily contributing to the community. If no expert has rated the ICO, only ICO analyzer's results are used. Always research before investing as these ratings should not be taken as an investing guide of any kind.
Ratings and ICO analyzer results are being updated (re-calculated) every few hours.
Mastrobook is an opening chart for the early adaptors. Just 1,000 licenses
on sale.
2
June 2018
Mastrobook opening chart available to all.
3
Q3 2018
XRA listing on exchanges.
4
Q4 2018
Business eWallet first release; Xriba protocol to record bookkeeping in the blockchain; FCA authorization in the UK to provide e-payment and be the custodian; TokenCheck Foundation marketing; Mastrobook v2.
5
Q1 2019
Xriba e-payment mobile app; Xriba debit cards with direct reconciliation to bookkeeping platform; Xriba integration with other bookkeeping software; Xriba auditing for ICOs; Mastrobook v3; Xriba partnership with other bookkeeping platforms to provide his protocol.
