Streamlined Filecoin accounting with Bitwave

Decentralized storage network using proof-of-replication consensus.

Why connect Filecoin to Bitwave ?

Coming soon to Bitwave

Bitwave is adding Filecoin as a supported network, so FIL held and moved by your addresses can be tracked in the same subledger as your other networks when support goes live.

The same workflow you already use

When Filecoin is live, you will add an address, Bitwave will bring in its FIL transfers and fees, and your team will categorize with the rules and reports already in place.

Storage-economy activity on the books

Organizations that pay for or provide decentralized storage on Filecoin will be able to account for the FIL involved, from transfers to fees, with cost basis and balances that tie to the chain.

How it works

Filecoin is a decentralized storage network, and FIL is the asset used to pay for and secure storage on it. Bitwave is adding Filecoin as a supported network.

Once live, Filecoin will work like other networks in Bitwave: you add an address, Bitwave brings in its activity, and your team categorizes and reports. Contact your Bitwave representative to be notified when Filecoin support is available.

The workflow, once available:

  1. Import your Filecoin wallet address into Bitwave.
  2. Bitwave brings in FIL transfers and fees.
  3. Categorize the activity, one by one or with rules.
  4. Review balances and carry the results into your reports and general ledger.
Illustration of two laptops connected by digital payment lines.
Key Benefits

What makes the Bitwave integration with Filecoin special ?

Teams holding FIL or paying for storage on Filecoin need the same accounting foundation they have for other networks: cost basis, fee treatment, categorized transfers, and balances that tie to the chain. Bitwave is adding Filecoin support so that foundation is in place.

For the finance team, that means Filecoin activity will join the same subledger, rules, and reports used for every other network, so adopting Filecoin does not mean adopting a new accounting process. Ask your Bitwave representative about timing.

More Enterprise-Grade Integrations

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ERPs

Sync data in real-time and eliminate manual errors. Bitwave seamlessly integrates with your existing back-office software for easier reporting.

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Blockchains

Bitwave supports tokens on the Bitcoin, Ethereum (All ERC-20 tokens + Layer 2), Solana, NEAR, and more. We are constantly adding support for new Blockchains.

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Custodial Wallets

Bitwave currently supports Fireblocks, NYDIG, BitGo, and Anchorage custodial wallets.  We are constantly adding support for new Custodial Wallets.

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DeFi Protocols

This is just a sample of the DeFi protocols we support. Click below for the full offering of DeFi integrations currently in place, with more being added each day.

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Exchanges

This is just a sample of the key Exchanges we support. Click below for the larger offering of Exchanges supported, with more being constantly added.

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Multi-Signature Wallets

Bitwave supports a variety of multi-signature wallets, such as Gnosis Safe, Zebec, and Electrum. We are constantly adding support for new Multi-Signature Wallets.

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Bring Filecoin activity into your financial operations.

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