Pacio Semantic Blockchain to set a global business data standard

Pacio delivers the Semantic Web hopes as the Semantic Blockchain. It allows for easy exchange, management, and comparison of accounting or indeed any data worldwide. Pacio’s Blockchain solution enables global accountability – the foundation upon which economic activity is built.

  1. The Pacio Blockchain brings security, immutability, incorruptibility, and auditability to business data and allows inter Blockchain operations
  2. The Standardised Semantic Information Model (SSIM) stores and standardises Data across companies, jurisdictions and accounting standards
  3. Single Entry Accounting Done Right! (SEA) is an improvement of the 500-year-old book-keeping tradition that brings accounting into the Blockchain-age
  4. Target Average Rate Index (TARI) is the well-proven methodology to provide real-time business insights that enables business transforming management when it is needed: now

Pacio Semantic Blockchain to set a global business data standard

Pacio delivers the Semantic Web hopes as the Semantic Blockchain. It allows for easy exchange, management, and comparison of accounting or indeed any data worldwide. Pacio’s Blockchain solution enables global accountability – the foundation upon which economic activity is built.

  1. The Pacio Blockchain brings security, immutability, incorruptibility, and auditability to business data and allows inter Blockchain operations
  2. The Standardised Semantic Information Model (SSIM) stores and standardises Data across companies, jurisdictions and accounting standards
  3. Single Entry Accounting Done Right! (SEA) is an improvement of the 500-year-old book-keeping tradition that brings accounting into the Blockchain-age
  4. Target Average Rate Index (TARI) is the well-proven methodology to provide real-time business insights that enables business transforming management when it is needed: now

Data is everything

In the globally connected economy of today data is fundamental. Data is the key to everything, including control and wealth.

However, there are no global standards or access methods for the huge amounts of new data being generated every day, with most of that data being held in isolated silos controlled by a few large corporations to their advantage, not the advantage of the owners or creators of the data.

No corporations or regulators can keep up with the demand for data interfaces and translations between the myriad of unconnected non-standardised silos of data. The result is an ineffective patchwork which is both expensive and full of holes i.e. it is a bonanza for criminals.

Data is everything

In the globally connected economy of today data is fundamental. Data is the key to everything, including control and wealth.

However, there are no global standards or access methods for the huge amounts of new data being generated every day, with most of that data being held in isolated silos controlled by a few large corporations to their advantage, not the advantage of the owners or creators of the data.

No corporations or regulators can keep up with the demand for data interfaces and translations between the myriad of unconnected non-standardised silos of data. The result is an ineffective patchwork which is both expensive and full of holes i.e. it is a bonanza for criminals.

TOP FEATURES



Standardise and simplify the storage, exchange, and comparison of data, both inside an entity and globally.

Improve security and privacy controls, with any entity or person having full control over their own data.

Reduce the cost of storing, managing, comparing, and processing data.

Minimise opportunities for fraud.

Provide real time business insights to transform business.

Efficiently process zero fee crypto, fiat, or other payments, transfers, transactions between people and entities.

Sharable and comparable data across entities and jurisdictions.

First seamless technology to “follow the money".

TOP FEATURES


  1. Standardise and simplify the storage, exchange, and comparison of data, both inside an entity and globally.
  2. Improve security and privacy controls, with any entity or person having full control over their own data.
  3. Reduce the cost of storing, managing, comparing, and processing data.
  4. Minimise opportunities for fraud.
  5. Provide real time business insights to transform business.
  6. Provide real time business insights to transform business.
  7. Sharable and comparable data across entities and jurisdictions.
  8. first seamless technology to “follow the money".

Pio: The token that fuels Pacio


Pacio is an ecosystem for application developers. They can access Pacio services via APIs and integrate Pacio into their own applications, wherever those applications run, whether on the Pacio blockchain, another blockchain, the web, or the cloud. The motor for this ecosystem is Pacio’s own Pio Token.


The Pio

  • Allows use of Pacio services
  • Provides a stake in the governance of the Pacio ecosystem
  • Is a cryptocurrency in its own right with unique benefits

Get all the details here:

WHITEPAPER

Pacio – the brainchild of leading accountancy pioneers David Hartley and Keith N. Cleland

David Hartley

 David became one of Australia’s leading entrepreneurs in the 70s and 80s, supplying solutions (software and hardware) for the Accountancy Profession and enterprises in 15 countries around the world. David’s business life also involved Hong Kong, New Zealand, UK, Antigua & Barbuda, Panama, and now Saint Lucia.
The systems developed by David’s various firms have produced and continue to this day producing financial statements for millions of businesses.
David undertook a period of research about modern accounting and financial reporting needs post XBRL in 2011 to 2013, then blockchain from 2014, including formal study in 2017 via B9Lab Academy leading to Ethereum Blockchain Developer certification. David conceived the idea of combining his knowledge and work with that of his co-founders, and 3rd generation blockchain advances, to deliver the Pacio solution.
David is currently acting as CEO and CTO.

Trevor Watters

Please read our blog post on Trevor's accomplishments in developing TARI.

Keith N. Cleland

Currently Professor and Head, Financial Management Department, IBR School of Executive Management, Steinbeis University Berlin.
Professor Dr Keith Cleland’s background includes seagoing as a cadet and navigating officer, consulting with an international consulting group, full professor and Head of Departments of Accounting and Business Studies at three universities, chairman of private and public companies and co-founder of the International Christian Chambers of Commerce.
For the past twenty-five years, he has actively consulted with the accounting profession and their business clients, helping identify and provide solutions for underlying business problems, which led to the crystallisation of TARI® software currently installed in numerous accounting practices and adopted by numerous businesses, small and large, with turnovers ranging from $250,000 to $12,000,000,000+.
Keith has published many papers and books on accounting and TARI®.

Team & Advisors

David Hartley

CEO/CTO


Pioneer in computer hardware and software. Leader of major accounting software firm. Certified Blockchain developer.

Keith N. Cleland

Executive Director


Currently Professor and Head, Financial Management Department, IBR School of Executive Management, Steinbeis University Berlin.

Trevor Watters

Executive Director


Banking background, Developed first Australian Income Tax Preparation software. Trevor was instrumental in developing TARI® related software.

Marcell Nimfuehr

CMO


15 years experience in advocacy, lobbying and visibility. Author of Blockchain book. Advisor for Token Sale Campaings. Previously with Slovenian Blockchain company tradershub.

Ken Fontius

Web Developer


Designer and Developer of Pacio Web applications

Francisca Vaessen

Community Manager


Internationalisation Manager & Community Manager.

Kerry Hogan

Advisor


Nicholoas John

Attorney at Law


David Gardner

Strategic Alliances


Martyn Rivett

Expert Technologist


Benjamin Zorio

Funding Advisor


Alex Cort

Social Media


Talk to us! 

Do you want to get in touch?
Contact Marcell Nimfuehr at marcell@pacio.io

Pacio Core Ltd

Third Floor, Hewanorra House, Trou Garnier Financial Centre

Pointe Seraphine, Castries, Saint Lucia, West Indies

www.pacio.io