2023-11-15

Owned by Vipin Bharathan

Last updated: Mar 15, 2024 by Tomaz Sedej

2 min read

Statement of Digital Assets: Sam Leichman, Blockchain Lead Propeller Industries & Ken Fromm, MD BuildETH

Where

https://zoom.us/my/hyperledger.community.backup?pwd=dkJKdHRlc3dNZEdKR1JYdW40R2pDUT09=

Content:

This is a very timely presentation as it bridges GAAP and digital assets on balance sheets. As the year draws to a close, the balance sheet a very important consideration for enterprises who hold difficult to value digital assets.

The Statement of Digital Assets (SODA) is a standardized reporting approach that clarifies an organization’s digital asset holdings, providing a bridge between Generally Accepted Accounting Principles (GAAP) based balance sheet reporting and the value represented on-chain. GAAP is the US accounting standard for financial reporting. This is in contrast with IFRS which is used by the Rest of the World. Please read the draft SODA whitepaper and attend the meeting to interact with Sam and Ken.

Date 15th November 2023 (Wednesday)

Time: 10:00 am EDT

Online

https://zoom.us/my/hyperledger.community.backup?pwd=dkJKdHRlc3dNZEdKR1JYdW40R2pDUT09=

Meeting ID: 622 333 6701
Passcode: 475869

Announcement

Statement Of Digital Assets A pdf version

Presentation

Attendees(10)

Vipin Bharathan dlt.nyc

Manivannan Pillai otc.Digital

mikeychuang@gmail.com Michael Chuang University of Illinois

Chat & Questions:

Differences in slides where declared value > market value

11:04:02 From Ken Fromm : Bitwave DeFi Accounting Subledgers https://www.bitwave.io/ https://twitter.com/bitwaveplatform
Cryptio DeFi Accounting Subledgers https://cryptio.co/ https://twitter.com/cryptio_co
Integral DeFi Accounting Subledgers https://www.integral.xyz/ https://twitter.com/integral_xyz_
Tres DeFi Accounting Subledgers https://www.tres.finance/ https://twitter.com/tresdotfinance?lang=en
TAXbit DeFi Accounting Subledgers https://taxbit.com/ https://twitter.com/taxbit
CoinBooks DeFi Accounting Subledgers https://www.coinbooks.finance/ https://twitter.com/crunchbase
Ledgible.io DeFi Accounting Subledgers https://ledgible.io/ https://twitter.com/Ledgiblecrypto
11:04:32 From Ken Fromm : Propeller Industries DeFi Accounting Services https://www.propellerindustries.com/ https://twitter.com/propellerind
11:04:57 From SamuelLeichman : https://docs.google.com/presentation/d/1XuntSv8eQldpKrONi2bAtyMqEWLz1PenvKy3eLil6fo/edit#slide=id.g27f75ea1053_0_89

Recording

Subscribe to Calendar

https://lists.hyperledger.org/g/financial-markets-sig/calendar

Subscribe to Mailing List to join Financial Markets SIG

Subscribe: financial-markets-sig+subscribe@lists.hyperledger.org