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.
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.
We are in the process of finalizing the Foundation’s second Biannual Update and look forward to sharing it with the community in the coming weeks. In the update we will highlight some of the momentous strides that the Tezos ecosystem has made since August. If you want to catch up on the first Biannual Update, you can do so here.
Following a recent Council meeting, the Tezos Foundation is proud to announce that Danny Masters, Co-founder of the CoinShares Group, has been appointed as a non-executive Council Member of the Tezos Foundation.