why you can’t afford to ignore the new technologies.
by sean stein smith
walk into any accounting meeting or conference, or open any magazine, and there are a few words that inevitably dominate the conversation, and they are all related to a common thread: technology and the technological integration of the profession.
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blockchain, although in existence since the 2008 white paper published by satoshi nakamoto, flew under the radar for several years before bursting onto the scene in 2016 and 2017. fueled by the surge in popularity and buzz around the cryptocurrency bitcoin, the excitement, anxiety, and opportunities around blockchain are virtually impossible to understate.
in order to not get swept away in the sea of hype and buzz around the technology itself, it is important to understand two things: