Weekly Updates

Update: Week Of 2 March 2020

Dear Tezos community, This week saw an exciting first, as Equisafe launched its STO platform and tokenized its first asset, the Pavillon de musique de la comtesse de Provence in Versailles, on the Tezos blockchain. We were thrilled to see this historic real-world asset tokenized on Tezos and look forward to seeing Tezos continue to build its reputation as the blockchain of choice for serious real-world applications.

Additionally, we were encouraged to see members of the Tezos community come together to fight Covid-19 using the [email protected] platform, a distributed computing project that uses participants’ computers to perform calculations related to protein folding. It’s exciting to see the community joining together for such an important cause.

Finally, this week marked the successful activation of the Carthage protocol upgrade at block 851,969. We are continually impressed by the community’s active participation in the Tezos governance process. Welcome to Carthage!

Best regards,
Ryan

Grantees, Funded Entities, and Other News

Below are some updates from the last week:

Our Activities

This week, the Tezos Foundation published a blog post outlining changes to the Foundation’s governance structure and information on the nomination process. The changes to the governance structure will allow the Council to step back from day-to-day management duties and put an executive team in place. This will be implemented in phases throughout 2020.

The Foundation will also shortly release the second Biannual Update, which will provide insights into the Foundation’s work since the first Biannual Update, and highlight accomplishments within the Tezos ecosystem. If you haven’t yet viewed the first Biannual Update, you can do so here.

FAQs: When will PwC Switzerland’s 2018 audit of the Foundation be completed?

The Tezos Foundation is the only large-scale public blockchain foundation that has a “Big4” audit firm as its independent statutory auditor. The 2018 audit was recently completed and, as customary and mandated by Swiss law, the audit report has been filed with the Swiss Federal Supervisory Authority for Foundations. The audit took longer than planned due to the complexity and novelty of auditing cryptocurrency assets. The 2018 audit report is not a public document and the Foundation has committed to proactively publishing Biannual Updates to provide public accountability and transparency. The next Biannual Update is in its final stages and will be released soon. There will be a section in the update that speaks more about the nature of the completed 2018 audit and also the 2019 audit which is now underway.

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