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With Elven, Bitlayer can track the flow of assets across the chain in real time and consolidate revenues and expenses across different business scenarios.
Bitlayer is the first Bitcoin security-equivalent Layer 2 based on the BitVM paradigm. With Elven, Bitlayer can track the flow of assets across the chain in real time and consolidate revenues and expenses across different business scenarios. The financial reports generated by Elven are used to prepare for due-dilligence from investors.
Customers' pain points

Difficult to provide real-time updates of investor funds and treasury dashboards

Hard to track gains and losses for on-chain and cross-chain bridge transactions

Difficult to integrate with the Lark system to monitor expense management for audit trails

We provide
  • Import core company wallets, business wallets (Layer 1 and Layer 2).
  • Achieve real-time monitoring of corresponding account balances and Proof of Reserves (POR), automatically import and update historical transaction data.
  • Automate accounting and reconciliation processes to generate monthly financial reports: financing, revenue, expenses, profit, funds, etc.
  • Automate daily reconciliation of funds in bridge operations: reconciliation of Layer 1 and Layer 2 fund balances.
Web3 Projects
Bitlayer is the first Layer 2 solution offering Bitcoin-equivalent security and Turing completeness. It is also the first built on BitVM. Bitlayer aims to bring secure scalability to the Bitcoin ecosystem, promoting asset diversity and spurring innovation for a faster, safer, and more flexible user experience.
https://www.bitlayer.org/Start for free