{"id":52261,"date":"2017-07-03t05:02:27","date_gmt":"2017-07-03t09:02:27","guid":{"rendered":"https:\/\/48e130086c.nxcli.net\/?p=52261"},"modified":"2022-01-10t13:51:31","modified_gmt":"2022-01-10t18:51:31","slug":"22-ways-blockchain-will-impact-accounting-profession","status":"publish","type":"post","link":"\/\/www.g005e.com\/2017\/07\/03\/22-ways-blockchain-will-impact-accounting-profession\/","title":{"rendered":"22 ways blockchain will change the accounting profession forever"},"content":{"rendered":"<p><strong><a href=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2017\/07\/blockchainiot_adobestock_133555008.jpeg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-52365\" src=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2017\/07\/blockchainiot_adobestock_133555008-424x220.jpeg\" alt=\"illustration of network with city background\" width=\"424\" height=\"220\" \/><\/a>will you be ready?<\/strong><em><br \/>\n<\/em><\/p>\n<p><i>by hitendra patil<\/i><br \/>\n<a href=\"\/\/www.g005e.com\/shop\/accountaneur\/\"><i>accountaneur: the entrepreneurial accountant<\/i><\/a><\/p>\n<p>stock exchanges and banking systems have worked on similar fundamentals in handling and creating what are known as \u201cnon-repudiable\u201d transaction records: straight-through processing (stp), electronically connected networks of intermediaries in their \u201cecosystem,\u201d etc.\u00a0 but unlike bitcoin, the stock exchange and banking systems are highly regulated and centrally owned.<\/p>\n<blockquote><p><b>more:<\/b> <a href=\"\/\/www.g005e.com\/2017\/06\/26\/blockchain-accounting-oncoming-train\/\">blockchain accounting is an oncoming train<\/a> | <a href=\"\/\/www.g005e.com\/2017\/06\/02\/beat-automation-accounting\/\">how to beat automation in accounting<\/a> | <a href=\"\/\/www.g005e.com\/2017\/03\/31\/3-reasons-small-firms-stay-small\/\">3 reasons small firms stay small<\/a> | <a href=\"\/\/www.g005e.com\/2017\/03\/03\/new-needs-staff-accounting-firms\/\">the new needs of people at accounting firms<\/a> | <a href=\"\/\/www.g005e.com\/2016\/01\/02\/4-pillars-of-future-firm-foundation\/\">4 pillars of future firm foundation<\/a><br \/>\n<strong><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-49700\" src=\"http:\/\/4f2bur4nuye2cgakm2rm61qk.wpengine.netdna-cdn.com\/wp-content\/uploads\/2016\/08\/yellow_key_clip_art-e1375897299811-36p-hi-1-e1470686574894.jpg\" alt=\"goprocpa.com\" width=\"39\" height=\"16\" \/><span style=\"color: #b79c00;\">exclusively for pro members. <\/span><\/strong><span style=\"color: #b79c00;\"><a style=\"color: #b79c00;\" href=\"\/\/www.g005e.com\/wp-login.php?redirect_to=\/\/www.g005e.com\/2017\/07\/03\/22-ways-blockchain-will-impact-accounting-profession\/\">log in here<\/a> or <a class=\"external\" style=\"color: #b79c00;\" href=\"http:\/\/goprocpa.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">2022世界杯足球排名 today<\/a>.<\/span><\/p><\/blockquote>\n<p>more recently, bitcoin technology has created a similar \u201cdistributed shared ledger\u201d ecosystem.<br \/>\n <a href=\"\/\/www.g005e.com\/2017\/07\/03\/22-ways-blockchain-will-impact-accounting-profession\/#more-52261\" class=\"more-link\">read more &rarr;<\/a><\/p>\n<div class='shareinpost'><ul class=\"socialwrap row\"><li class=\"icon_text\"><a  rel='nofollow'  target='_blank'  title='https:\/\/www.facebook.com'  href='http:\/\/www.facebook.com\/sharer.php?u=https%3a%2f%2fwww.g005e.com%2f2017%2f07%2f03%2f22-ways-blockchain-will-impact-accounting-profession%2f&amp;t=22+ways+blockchain+will+change+the+accounting+profession+forever'  ><img  src='//www.g005e.com/store/wp-json/wp/v2/posts/\/\/www.g005e.com\/wp-content\/plugins\/share-and-follow\/images\/blank.gif'  height='24' width='24'  class='image-24' alt='facebook'  style='background: transparent 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no-repeat;padding:0;margin:0;height:24px;width:24px;background-position:-275px 0px\" class=\"image-24\"  alt=\"email\" \/> <span class=\"head\">email this<\/span><\/a><\/li><\/ul><div class=\"clean\"><\/div> <\/div>","protected":false},"excerpt":{"rendered":"<p><strong><a href=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2017\/07\/blockchainiot_adobestock_133555008.jpeg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-52365\" src=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2017\/07\/blockchainiot_adobestock_133555008-424x220.jpeg\" alt=\"illustration of network with city background\" width=\"424\" height=\"220\" \/><\/a>will you be ready?<\/strong><em><br \/>\n<\/em><\/p>\n<p><i>by hitendra patil<\/i><br \/>\n<a href=\"\/\/www.g005e.com\/shop\/accountaneur\/\"><i>accountaneur: the entrepreneurial accountant<\/i><\/a><\/p>\n<p>stock exchanges and banking systems have worked on similar fundamentals in handling and creating what are known as \u201cnon-repudiable\u201d transaction records: straight-through processing (stp), electronically connected networks of intermediaries in their \u201cecosystem,\u201d etc.\u00a0 but unlike bitcoin, the stock exchange and banking systems are highly regulated and centrally owned.<\/p>\n<blockquote>\n<p><b>more:<\/b> <a href=\"\/\/www.g005e.com\/2017\/06\/26\/blockchain-accounting-oncoming-train\/\">blockchain accounting is an oncoming train<\/a> | <a href=\"\/\/www.g005e.com\/2017\/06\/02\/beat-automation-accounting\/\">how to beat automation in accounting<\/a> | <a href=\"\/\/www.g005e.com\/2017\/03\/31\/3-reasons-small-firms-stay-small\/\">3 reasons small firms stay small<\/a> | <a href=\"\/\/www.g005e.com\/2017\/03\/03\/new-needs-staff-accounting-firms\/\">the new needs of people at accounting firms<\/a> | <a href=\"\/\/www.g005e.com\/2016\/01\/02\/4-pillars-of-future-firm-foundation\/\">4 pillars of future firm foundation<\/a><br \/>\n<strong><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-49700\" src=\"http:\/\/4f2bur4nuye2cgakm2rm61qk.wpengine.netdna-cdn.com\/wp-content\/uploads\/2016\/08\/yellow_key_clip_art-e1375897299811-36p-hi-1-e1470686574894.jpg\" alt=\"goprocpa.com\" width=\"39\" height=\"16\" \/><span style=\"color: #b79c00;\">exclusively for pro members. <\/span><\/strong><span style=\"color: #b79c00;\"><a style=\"color: #b79c00;\" href=\"\/\/www.g005e.com\/wp-login.php?redirect_to=\/\/www.g005e.com\/2017\/07\/03\/22-ways-blockchain-will-impact-accounting-profession\/\">log in here<\/a> or <a class=\"external\" style=\"color: #b79c00;\" href=\"http:\/\/goprocpa.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">2022世界杯足球排名 today<\/a>.<\/span><\/p>\n<\/blockquote>\n<p>more recently, bitcoin technology has created a similar \u201cdistributed shared ledger\u201d ecosystem.<br \/>\n <a href=\"\/\/www.g005e.com\/2017\/07\/03\/22-ways-blockchain-will-impact-accounting-profession\/#more-52261\" class=\"more-link\">read more &rarr;<\/a><\/p>\n<div class='shareinpost'>\n<ul class=\"socialwrap row\">\n<li class=\"icon_text\"><a  rel='nofollow'  target='_blank'  title='https:\/\/www.facebook.com'  href='http:\/\/www.facebook.com\/sharer.php?u=https%3a%2f%2fwww.g005e.com%2f2017%2f07%2f03%2f22-ways-blockchain-will-impact-accounting-profession%2f&amp;t=22+ways+blockchain+will+change+the+accounting+profession+forever'  ><img  src='//www.g005e.com/store/wp-json/wp/v2/posts/\/\/www.g005e.com\/wp-content\/plugins\/share-and-follow\/images\/blank.gif'  height='24' width='24'  class='image-24' alt='facebook'  style='background: transparent url(\/\/www.g005e.com\/wp-content\/plugins\/share-and-follow\/default\/24\/sprite-feb-24.png) no-repeat;padding:0;margin:0;height:24px;width:24px;background-position:-300px 0px'   \/> <span class=\"head\">like this on 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