• Block #2 - Totem with Founder Chris D’Costa and Co-Founder Toufiq

  • Sep 21 2022
  • Duración: 38 m
  • Podcast

Block #2 - Totem with Founder Chris D’Costa and Co-Founder Toufiq Por arte de portada

Block #2 - Totem with Founder Chris D’Costa and Co-Founder Toufiq

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  • In this Episode of Lets Talk NODEsense we speak with Founder Chris D’Costa and Co-Founder Toufiq at Totem Live Accounting! The Software they have developed utilizes blockchain technology to remove a "trusted 3rd party" in this case “Accountants” in any business (small or large). Truly pushing the narrative of WEB 3. This software is a game changer and takes accounting off the “to-do list” for any business. As we continue in this series, we are always trying to take the conversation to the ultimate base layer. There we try to truly understand what the projects goals are, and why the general public should be interested in this space. We hope you enjoy and learned something along the way with us, and stay tuned for the next episode!! Time Stamps: 00:00 - Intro 01:10 - What is Totem, and how it all started 03:05 - Why build on Substrate and not on a different blockchain? 07:43 - What is the Process for any business to adopt Totem Accounting? 08:54 - Businesses have the ability to operate with Fiat currencies only, on the Totem Accounting Software 10:50 - What the average user will see when using Totem Software & their functional currency 13:55 - How secure/private is Totem Accounting? 20:51 - How can Totem Software keep companies competitive against un-ethical companies that aren't transparent? 26:13 - Any accreditation standards in place for Totem at Federal/Regional levels? 28:05 - Governance/Council 28:52 - Validators “potentially” in the future 30:19 - Questions from Totem Community 33:15 - Ambassador program 35:28 - Totem referral rewards update 37:04 - Wrap up + Credits AAL Blockchain Financials Links: https://t.me/AALCommunityChat - Come chat with us !! https://aalblockchain.ca/ Donate/Tips to help support the Podcast!! Dot address: 5GBhEX2TmfeLgWDgVY7uTFSfHwKme4ThQn29nSxd9ibbAJVj Totem Links: https://totemaccounting.com/ https://t.me/totemchat Twitter: https://twitter.com/Totem_Live_ Telegram: https://t.me/totemchat Discord: https://discord.gg/kmuZucW LinkedIn: https://www.linkedin.com/company/tote... Totem has recently become a Polkadot Parachain winner!   Music Credit: Dynamite - Patrick Patrikios
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