The Cardano Foundation launched Reeve, a verifiable transparency layer, and deployed it in its own financial operations.
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The Cardano Foundation launched Reeve, a blockchain-based transparency layer for financial reporting, providing immutable evidence and continuous verification. It has been deployed in the foundation's own operations to create transparent datasets.
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According to Foresight News , the Cardano Foundation has launched Reeve, a verifiable transparency layer that uses blockchain technology to address the lack of trust in traditional financial reporting. The platform anchors financial events on the Cardano blockchain, providing auditors, regulators, and other stakeholders with immutable and independently verifiable evidence. Reeve supports integration with corporate financial systems, transforming ex-post review into a continuous, data-driven control layer by embedding cryptographic verification at each stage of reporting. The Cardano Foundation has already deployed Reeve in its financial operations. By recording accounting transactions on-chain and integrating directly with its ERP system, the foundation has created transparent and verifiable financial datasets.