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.
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
