Canto
Backed by
Entendre Finance Supports Canto
Canto, a permissionless general-purpose blockchain, stands at the forefront of the decentralized finance (DeFi) movement. Functioning on the Ethereum Virtual Machine (EVM), Canto was meticulously crafted to fulfill the DeFi promise—a vision of accessible, transparent, decentralized, and liberated financial systems beyond traditional constraints. As Web3 businesses explore the vast potential of the Canto blockchain, the demand for advanced financial tools becomes paramount. Entendre Finance, a specialized crypto accounting software tailored for Web3 enterprises, seamlessly supports the Canto blockchain.
At its launch, Canto introduced an EVM execution layer through Ethermint, fortified by a Proof of Stake Cosmos SDK consensus layer. This innovative combination, coupled with core Free Public Infrastructure (FPI) primitives, positions Canto as a pioneering platform poised to redefine the landscape of decentralized finance and bring about a new era of financial accessibility and transparency.
Web3 businesses operating on the Canto blockchain face specific financial challenges, given the dynamic nature of transactions and assets within the ecosystem. Traditional accounting systems often struggle to adapt, highlighting the importance of specialized crypto accounting solutions such as Entendre Finance.
Crypto Accounting for Canto
Real-Time Transaction Monitoring:
- Entendre Finance offers real-time tracking of transactions on the Canto blockchain, ensuring businesses maintain an accurate and up-to-date overview of their financial activities. This is particularly crucial for enterprises engaged in dynamic DeFi transactions and smart contract interactions on Canto.
Seamless Canto Integration:
- Integrated seamlessly with the Canto blockchain, Entendre Finance ensures precise and secure recording of transactions. This integration streamlines reconciliation and auditing processes, enhancing transparency and compliance for Web3 businesses operating on Canto.
Automated Compliance Reporting:
- Entendre Finance automates the generation of financial reports, aiding Web3 enterprises in staying compliant with evolving regulatory requirements. This feature is vital as the regulatory landscape for blockchain and cryptocurrencies continues to evolve.
Multi-Asset Support:
- Recognizing that Canto-based businesses often deal with various tokens and assets, Entendre Finance offers comprehensive multi-asset support. This enables businesses to manage and account for various tokens alongside the Canto native assets, providing a holistic view of their financial holdings.
Ready to get started?
Setup a demo for you and your team.
