Real-Time
Proof of Reserves

Transparency reporting at the speed of innovation.

Elevate your Transparency Reporting…

From 30 Days to

30 Seconds!

  • Real-Time Reserves closes the gap between on-chain liabilities and off-chain assets, with on-demand CPA-attestation reporting.

  • Real-Time Proof of Reserves Services reduce your company’s operational burdens and saves time.

  • Our services are enabled with proven, market-leading tech that provides key insights for your operations, finance, and custody teams.

What is Real-Time Proof of Reserves?

Tech-enabled Attestation Reporting

 

Use Cases for Real-Time Proof of Reserves

 

Stablecoin Issuers &
Financial Institutions

Asset-Backed Tokens &
RWA Tokenizers 

Exchange-Traded Funds &
Exchange-Traded Products 

Real-Time Proof of Reserves Outputs & Live Demo

2. Embeddable Widget

TNF’s widget enables clients to provide Real-Time Proof of Reserves attestations to interested parties.

  • The widget hosts a dashboard showing on-chain liabilities and off-chain assets, from multiple blockchains, custodians, and financial institutions.

  • The widget provides the most recent downloadable attest report as well as historical attestation reporting.

  • TNF’s service is flexible to any blockchain source and any custodian or financial institution API.

1. CPA Attestation Reports under AICPA Standards

TNF’s Proof of Reserves attestation reporting is issued under standards promulgated by the American Institute of Certified Public Accountants (AICPA).

  • TNF clients can make the Independent Accountant’s Report available to customers directly (either permissioned or publicly) for on-demand download.

  • Under AICPA Standards TNF can provide Agreed Upon Procedures where we provide Procedures and findings over the subject matter, or Examinations where we provide an opinion over management’s assertion being fairly stated or the subject matter being in accordance with (or based on) the criteria, in all material respects.

  • The same reports used by top issuers are available to users in real-time!

 3. Control Panel

TNF’s services are enabled by the most powerful real-time data aggregation application available for digital assets.

  • Client admins have access to the Control Panel, with downloadable insights into the system health, detailed information collected during each attestation interval, granular breakdown by sources (blockchains or custodians, etc.), system logs, and more. 

See it Live and in Action Below

  • Download the example report below.

  • View the different tokens/products and see balances.

  • View the FAQ

Real-Time Reserves Integrations

Blockchains

  • Bitcoin

  • Ethereum

  • Litecoin

  • XRP

  • Polkadot

  • Cardano

  • Algorand

  • Solana

  • And more!

Banks

  • First Digital Trust

  • Flowbank

  • Capital Union Bank

  • Customers Bank

  • Fortress Trust

  • Deltec

  • J.P. Morgan Chase

  • Cross River Bank

  • And more!

Custodians & Exchanges

  • Coinbase

  • Binance.com

  • Kraken

  • Bitgo

  • Komainu

  • OKEX

  • Huobi

  • Bitfinex, Bitstamp, Deribit

  • LMAX, B2C2, OSL, Pit, and more!

 

Leading at the Intersection of Digital Assets and Accounting

 

First-Ever Real-Time Attestation by a CPA

The TNF team built the first-ever real-time attestation reporting system, first deployed in 2019. Today our transparency services cover Billions in USD value.

From Stablecoins to RWAs

As tokenization evolves from simple stablecoins to more complex instruments like tokenized securities and RWAs, TNF is at the forefront of transparency.

From Policy to Practice

In conjunction with industry experts, TNF co-authored The Digital Chamber’s “Practitioner’s Guide to Proof of Reserves,” the most comprehensive guide on PoR.

Real-Time Reserves FAQ

  • Multiple company types can benefit from real-time transparency reporting, especially those that issue tokens backed by real-world assets. Similarly, those issuing exchange-traded notes backed by on-chain assets can close the transparency gap between on- and off-chain assets with real-time attestation reporting services.

    • Stablecoins: where attestation reporting provides transparency to a token that is issued on a blockchain, pegged to a fiat currency, and the backing by assets held in reserve by the issuer’s custodian on behalf of token holders.

    • Asset-Backed Tokens: where attestation reporting provides transparency to a token issued on a blockchain that is pegged/representative of another type of asset or instrument, such as a carbon-credit, partnership interest in real estate, or an ounce of gold, and is backed by assets held in reserve by the issuer’s custodian on behalf of token holders.

    • Exchange Traded Products: where attestation reporting provides transparency to a security instrument issued and backed by digital assets held in reserve by the issuer’s custodian on behalf of noteholders.

  • Yes! In fact, it is encouraged to provide real-time transparency to your “traditional” users expecting a CPA attestation, along with crypto-native users expecting an On-Chain Proof of Reserves!

  • The standard integration timeline is 6 weeks. Integration and reporting start times depend on technical scoping and the attest client onboarding processes.

  • It’s more real-time than annual audits, and more real-time than monthly attestations. The technology we utilize for all Real-Time Proof of Reserves services has a 30-second heartbeat and will call APIs and other sources on that cadence.

    • The reporting interval (the time between the timestamp of the last attest report and the time a new attest report is available) depends on the least available data source.

    • Assuming all of the token, bank or other balance information is readily available via API or similar data extraction method, we can reduce the reporting interval to 30 seconds, compared to every 30 days (+ time to issue) for traditional “static” stablecoin attestations!

    • However, if a data source is restricted to providing balance data once an hour, then our reporting interval would be 1 hour (because we are bound by the least available data source).

    • Most Real-Time Reserve services have a reporting interval between 30 seconds and daily.

    .

  • If your regulator accepts attestation reports under attestation standards promulgated by the AICPA our solution will almost certainly meet your requirements.

    • We encourage prospective clients to discuss potential attestation services with their regulators.

    • We have and will produce additional information regarding our services for regulators’ review. Just inquire with us.

Learn more about
Real-Time Proof of Reserves

The Network Firm is an experienced and trusted blockchain auditing company that provides Real-Time PoR attestation services for digital asset service providers. Use the link below to book an introductory meeting with one of our experts.