#THE MEDIUM ACHIEVEMENTS VERIFICATION#
Wakweli solves these problems by increasing security and trust for all participants, protecting assets and their creators from scams, reducing verification costs and workforce for NFT marketplaces, and facilitating NFT transactions by securing buyers from scams. Unfortunately, the web3 ecosystem is plagued by numerous scams leading to a lack of trust within the community, a loss of income for collectors and artists and high costs for asset verification on NFT marketplaces. Wakweli is an infrastructure protocol based on a decentralized consensus algorithm that issues certificates of authenticity for NFTs and tokenized assets to secure the Web3 ecosystem. With his Cumulonimbus Murus art project, Martin Lukas Ostachowski wanted to present the Spells of Genesis cards next to their real life event picture.Ī big focus in 2022 was also on our brand new Web3 project named Wakweli. As you know, Spells of Genesis’ blockchain cards all have very special meanings as they are allegories of real life events that were happening at the time in the crypto-sphere. Spells of Genesis history’s descriptions were a key point of this wall and 4 of the most famous cards (SATOSHICARD, WHEREBCYCARD, BEARWHALE & DOGECARD) were displayed in the central glass cabinet. It carefully traced back the origins and defined and contextualized the movement that acted as a catalyst for digital art.
This wall was a multi-media installation highlighting the crypto art milestones.
#THE MEDIUM ACHIEVEMENTS PROFESSIONAL#
The PIC is comprised of individuals with expertise in public sector or financial reporting, and professional engagement in organizations that have an interest in promoting high-quality and internationally comparable financial information.From October 8th 2022 to January 15th 2023 Spells of Genesis cards were displayed in the famous Cumulonimbus Murus (2022) wall created by Martin Lukas Ostachowski (alias during the DYOR Crypto Art exhibition at Kunsthalle Zurich. For copyright, trademark, and permissions information, please go to permissions or contact the Public Interest Committee The governance and standard-setting activities of the IPSASB are overseen by the Public Interest Committee (PIC), to ensure that they follow due process and reflect the public interest. The structures and processes that support the operations of the IPSASB are facilitated by the International Federation of Accountants (IFAC). The Board receives support from the Asian Development Bank, the Chartered Professional Accountants of Canada, the New Zealand External Reporting Board, and the governments of Canada and New Zealand. It also raises awareness of IPSAS and the benefits of accrual adoption. Raising awareness of IPSAS and the benefits of accrual adoption.Ībout the IPSASB The International Public Sector Accounting Standards Board (IPSASB) works to strengthen public financial management globally through developing and maintaining accrual-based International Public Sector Accounting Standards® (IPSAS®) and other high-quality financial reporting guidance for use by governments and other public sector entities.Developing and maintaining IPSAS and other high-quality financial reporting guidance for the public sector and.This will be delivered through two main areas of activity, both of which have a public interest focus: To ensure it delivers in the public interest, the IPSASB’s strategic objective is: strengthening Public Financial Management (PFM) globally through increasing adoption of accrual-based IPSAS.
The IPSASB Strategy and Work Plan 2019-2023 was also developed during the review period, which will guide the Board’s future activities toward its strategic objective. “The hard work, dedication, and commitment of my fellow IPSASB members and their technical advisors, all of whom are volunteers, together with the support of IPSASB staff, have been critical to the Board’s notable achievements during 20.” “After celebrating the twentieth anniversary of the IPSAS program in 2017, these are exciting times for the IPSASB, with significant increases projected in the global adoption and implementation of IPSAS by governments in the short to medium term,” said IPSASB Chair Ian Carruthers. In addition, the Board approved two major Exposure Drafts (ED) 64, Leases, and ED 67, Collective and Individuals Services and Emergency Relief (Amendments to IPSAS 19 ). The majority of the Board’s projects during the review period were public sector-specific in nature and aimed at closing perceived gaps in the IPSASB’s suite of standards, while maintaining alignment with International Financial Reporting Standards, when appropriate.ĭuring 20, the IPSASB finalized IPSAS 40, Public Sector Combinations IPSAS 41, Financial Instruments and the landmark standard, IPSAS 42, Social Benefits. The International Public Sector Accounting Standards Board (IPSASB) today published its Biennial Review, Delivering for the Future, which summarizes the Board’s successes, challenges, and key outputs during 20.
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