Our Accolades

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Innovation to Accolades:

Upgrading the accounting profession for the digital age has always been at the heart of our approach here at The Network Firm. Since 2018, we have been building what the accounting profession will look like in a world of blockchains, APIs, cryptographic assurances, and real-time data. Our innovations reflect this focus and have since been emulated by other firms in the industry.

2018: Launched the First Real-Time Attestation Reporting System

In partnership with TrueUSD, we launched the world's first real-time attestation reporting system. Effectively, this was the first time a CPA-firm utilized an automated reporting system to deliver CPA attestations in 'real-time.' The TNF team named this reporting system LedgerLens, which queries token balances directly from blockchains, and fiat balances directly from banking institutions to give token holders a real-time view of the stablecoins collateral backing. The system is still live today and have been improved upon since initial launch in 2018 and has served industry heavyweights such as TrueUSD and CoinShares.

2019: First CPA Firm to Execute a CPA-Assisted Proof of Reserve Attestation

In 2019, the TNF team was the first CPA-firm to execute a CPA-assisted Proof of Reserves. Previously, Proof of Reserve attestation had been reliant upon a "self-attestation" by the exchange, or by an industry participant issuing a simple statement that the "exchange was fully reserved." Now, with CPA-firm involved, the Proof of Reserve process had been upgraded, applying stringent standards and reporting requirements for public consumption.

2021: First Firm to Bring Data On-Chain in Partnership with Chainlink

In partnership with Chainlink, TNF provided the off-chain balance information from Real-Time attestation clients on chain, for use in smart contracts. TNF exposes the balance information via an API, which is then consumed by Chainlink Oracles. Once on chain, this information can be used in smart contracts by DeFi protocols, or "secure mint" operations, which ensure a full reserve prior to minting additional stablecoin tokens.

2023: Ten CPA-assisted Proof of Reserves completed, the most of any CPA firm!

The TNF team completed it's 10th Proof of Reserve attestation, with premier clients including Kraken, Ledn.io and Gate.io.

2023: Real-Time 'Assets Under Assets' reaches $5 Billion.

The aggregate USD-value of all 'assets under attest' covered by TNF's real-time reporting system passes $5 billion in assets!

2023: Expanded Oracle Services to RWAs: Tokenized Real Estate, Gold, and Treasuries

The first data brought on-chain via chainlink related to reserves backing a stablecoin. In 2023, we expanded the data available to be brought on chain. Now, we bring reserve data related to tokenized treasuries, gold, and real-estate on chain. The future of RWAs is bright, and oracle services ensures they are secure!