Blockchain is arguably one of the most discussed technologies of 2018, and there's a reason for that. As a sort of indestructible and incorruptible ledger, it offers a new way to store and share data in such a way that it's simultaneously interoperable. This could reduce the need for accountants to store data in disparate locations with no way to consolidate and validate it all. https://theaccountingblockchain.io In fact, you could argue that blockchain itself is an accountancy-based technology. After all, while it's mostly known to people as the technology that underpins bitcoin and other cryptocurrencies, it underpins them by reconciling accounts. When it comes to other industries such as real estate and the automotive industry, it's mostly used to track ownership of assets and the values at which they're bought and sold. That's why blockchain has so much potential for the accountancy industry. It can provide a m...
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