Verify Ownership of Digital Assets more Effectively and Efficiently

With the rise in mainstream acceptance and use-cases in crypto-based currency and tokens (i.e. digital tokens), the need to securely prove and verify ownership of digital tokens for organizations and individuals will become important. This need can be in the form of:

Financial statements and reporting. We expect that digital tokens will start to form a material part of many financial institutions’, fintech enterprises’ and corporations’ assets and these digital assets will start to feature more prominently in their financial statements and reporting. The assertions of existence, ownership, classification and related risks and liabilities will need to be properly verified by independent audits.

Internal Controls. Internal audit teams of financial institutions and other enterprises regulated by MAS will need to review exposure, track transaction details, verify proper controls, etc for digital tokens that are received, stored, or transferred.

Recovery of assets. In the event of fraud or cyber-related incident where digital tokens need to be re-instated to the rightful owner, the need to prove genuine ownership will need to be carried out.

AStablish, by pQCee, is a collection of technology productivity tools to support both independent external and internal audit teams to carry out the verification of digital token ownership, existence and control for organizations and individuals. We expect AStablish to be used by service providers, financial institutions, corporations to establish proper ownership of digital assets quickly and effectively, while saving on the time spent to prove such ownership.

AStablish is an Enterprise Add-in and purchasable using a Microsoft Work or School account. This Add-in works in Excel 2016 and later for Microsoft Windows on desktops and laptops, and Excel for Web. For more details on AStablish, visit https://www.pqcee.com/AStablish or contact support at info@pqcee.com.

This add-in is currently on a free trial basis.

We reserve the right to impose a usage fee in the future.

AStablish

autor PQCEE PTE. LTD.