Updated: May 26
We are very happy to announce that we are officially partnering with ITSA!
Together, we create an environment in which your crypto invoices are safer than ever before. ITSA - the International Token Standardization Association - aims to develop market standards for cryptographic tokens. They invented the International Token Identification Number, short ITIN, that assigns a 9-digit alphanumeric identifier to all types of cryptographic tokens for explicit identification. basenode.io - the one-stop-shop for crypto accounting for freelancers - will offer you the ability to use ITIN as an unambiguous identifier for all your payments. Thereby, you can be assured that you get paid with the right cryptocurrency.
Why does the ITIN play such a big role in invoicing? Because a lot of tokens are represented on multiple networks and you want to be sure to get the right one. For example, USDC can be represented via the Ethereum Network or the Binance Chain Network. Identifying the correct token and its representing smart contract facilitates the invoicing process for all involved parties.
With our partnership we thrive on the fast acceptance of ITSA identifiers, aiming to provide freelancers with a safe accounting solution.
At basenode.io, our mission is to eliminate the gap between traditional accounting and blockchain-based accounting. Basenode.io is the first token-based accounting solution that offers seamless fiat-to-crypto invoicing. We provide a self-explanatory user interface with a clean and modern look, that naturally supports your workflow. Furthermore, we will integrate support for the most popular networks like Bitcoin, Bitcoin Lightning, Ethereum, Binance Smart Chain, Polygon, and more.