Blockchain Accounting the Disruption Ahead

By: Series: . 3 ; 53Publication details: 2018-08-02Description: 6Subject(s): In: THE MANAGEMENT ACCOUNTANTSummary: "Technology often creates disruption. Over the time many industries have experienced such disruption which has transformed the concerned industry in a big way. Fortunately or unfortunately accounting till date has not experienced such technology driven disruption except the transaction from manual accounting to computerized accounting process a few decades ago.This technology is none other than the Blockchain technology which has already gained immense importance in various sectors, specially the financial sector."
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Article St. Francis Institute of Management and Research Available AR0760

"Technology often creates disruption. Over the time many industries have experienced such disruption which has transformed the concerned industry in a big way. Fortunately or unfortunately accounting till date has not experienced such technology driven disruption except the transaction from manual accounting to computerized accounting process a few decades ago.This technology is none other than the Blockchain technology which has already gained immense importance in various sectors, specially the financial sector."

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