How blockchain will affect accounting

how blockchain will affect accounting

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How blockchain will affect accounting 419
How blockchain will affect accounting 244
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The bookkeeping role could totally disappear with blockchain in place. To become truly an integral part of the financial system, blockchain must be developed, standardised and optimised. Details on the potential of blockchain, its implications for auditors, how the accountancy profession can lead and what skills are necessary for the future. They will completely change how accounting works by replacing normal financial transactions and doing away with third party intermediaries, such as lawyers.