On the influence of blockchain technology on Accounting
Abstract
As one of the most remarkable computer technologies in the world, blockchain solves many problems such as low efficiency caused by data concentration and trust risk in the past. It brings new working ideas for the accounting industry. Auditors can apply blockchain technology to avoid the drag of the third party, and also have the characteristics of faster, more automatic, more efficient and safer. This paper analyzes a case study of Deloitte rubix blockchain technology platform to discuss how blockchain is applied in various fields and clarify the advantages of blockchain technology. It hopes that this study can provide effective help for the future development of accounting.
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