Disrupting the auditing industry with Abendum’s Torje Sunde

On Day 1 of CoinGeek Zurich, Kurt Wuckert Jr. moderated a panel of experts who talked about triple entry accounting on blockchain. One of them was Torje Vingen Sunde, the CTO of Abendum. He later joined CoinGeek Backstage where he broke down triple entry accounting, what the future holds for Abendum and the company’s recent inclusion in a regulatory sandbox by the Norwegian government.

“There has been a lot of really interesting academic papers on triple entry accounting, and now with Abendum we’re trying to make it a commercially viable implementation. We want to make triple entry accounting easy for businesses to use – make it a low-threshold solution.”

Full article HERE by Steve Kaaru – Coingeek.com

In this video, Torje Vingen Sunde of Abendum joined #CGBackstage to talk about triple entry #accounting and the company’s recent inclusion in a regulatory sandbox by the Norwegian government. Sunde told CoinGeek that is a significant milestone for the company. He mentioned that startups in the industry often face regulatory uncertainty, but the #sandbox entry would take care of most of the concerns.