Xero tests securing accounting data to Bitcoin blockchain using Tierion

Cloud-based accounting software company Xero recently tested Tierion’s Chainpoint for securing accounting data by anchoring it to the Bitcoin blockchain. Tierion is a platform that verifies any data, file, or business process with blockchain.

Tierion developed the Chainpoint protocol as an open standard for anchoring data to a blockchain to create a timestamp proof of any data, file, or series of events.

Each Chainpoint proof lets developers verify the integrity and timestamp of information without relying on a trusted third-party.

Riley James, a developer at Xero noted that following advantages of Chainpoint:

Xero has their XD18 Xero Developer Roadshow coming up starting in June.

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