CRYPTOGRAPHIC AUDIT Cryptographic Audit (CA) is a set of complex monitoring tools that allows any member of the public to easily validate trading history and portfolio balances. CA is built to set high security standards for money flow in blockchain projects. We see it as a significant milestone for future ICOs on their way of mainstream adoption. Here is how we’re going to achieve our transparency goals: PROOF OF RESERVES We will give preference to using exchanges that have Proof of Solvency (PoS) implemented; cold storage reserves can be audited, as in Poloniex and Kraken. AUDITABLE EXCHANGE ACCOUNTS For each account that is going to be used for trading on the exchanges, we will create a view-only API key that will allow anyone to verify the balance and trade history of the account. We believe that this does not increase the security risk as it is already known that exchanges are managing large volumes of cryptocurrency and we have an account with every major exchange. TaaS will be hosting an audit page with a full list of API keys and aggregate account information, automatically pulled from the exchanges by our service. It will look similar to Tether implementation. PROOF OF RESERVES FOR NON-EXCHANGE ACCOUNTS For all non-exchange accounts, such as cold storage addresses, that will be used for storage of our funds we will provide a proof of ownership: a transaction with a special marker in OP_RETURN (or similar feature, depending on a the blockchain protocol) will be sent from each account in order to verify that the account in question belongs to TaaS. PROOF OF RESERVES FOR FIAT ACCOUNTS We will use TLSNotary or a similar solution to provide cryptographic proof of fiat currency reserves in our bank and exchange accounts. In short, this can be achieved by recording SSL signatures of online banking sessions. REGULAR BLOCKCHAIN SNAPSHOTS To have proof that nobody mismanaged data between audits, a special smart contract will be developed to hold permanent daily snapshots of audit data. The contract will be supplied with a convenient contract explorer.