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EXACT THINKS "TRIPLE ENTRY" Featured

ExactExact is developing a concept of "triple-entry accounting" utilizing blockchain technology. The Netherlands-based accounting and manufacturing software company made the announcement as part of its meeting of members of the Dutch blockchain community.

Exact has posted a three-minute video to describe the triple-entry concept, which it says is a way for small businesses to obtain funding. The concept includes what Exact calls "reliability on demand." It is also exploring the benefits blockchain might bring customers via projects and partnerships that include the Dutch Organization for Scientific research and the Delft University of Technology. About 180 individuals, including developers, CTOs and architects attended the Exact event which is preparatory to a Dutchchain hackathon scheduled for February 10 to February 12.

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