{"id":52262,"date":"2017-07-10t05:00:03","date_gmt":"2017-07-10t09:00:03","guid":{"rendered":"https:\/\/48e130086c.nxcli.net\/?p=52262"},"modified":"2023-10-05t09:18:39","modified_gmt":"2023-10-05t13:18:39","slug":"blockchain-cloud-killer","status":"publish","type":"post","link":"\/\/www.g005e.com\/2017\/07\/10\/blockchain-cloud-killer\/","title":{"rendered":"is blockchain a cloud killer?"},"content":{"rendered":"

\"computer<\/a>welcome to an accounting model that’s predictive and always on.<\/strong><\/p>\n

by hitendra patil<\/i>
\naccountaneur: the entrepreneurial accountant<\/i><\/a><\/p>\n

let’s talk about the technology behind blockchain.<\/p>\n

more on entrepreneurial strategy:<\/b> 22 ways blockchain will impact the accounting profession<\/a> | blockchain accounting is an oncoming train<\/a> | how to fly the automation dragon to your dream practice<\/a> | your clients hold a secret key to your practice growth<\/a>
\n\"goprocpa.com\"exclusively for pro members. <\/span><\/strong>log in here<\/a> or 2022世界杯足球排名 today<\/a>.<\/span><\/p><\/blockquote>\n

you have accessed information from the internet for quite a few years. now you have started accessing information on the cloud.
\n
\nthe internet gave rise to the cloud. it totally transformed the business models of accounting, tax and audit software companies.<\/p>\n

blockchain has the potential to kill cloud. yes. kill cloud. think of it. in the accounting and tax profession, cloud essentially means you access your clients\u2019 accounting and tax info on a remote computer, using a browser and the internet. cloud has also started automation and integration to enable those remote computers hosting different software to access and use data between them.<\/p>\n

but blockchain will likely do away with the need to have this software centrally hosted at some data centers. blockchain will use the internet to enable smaller, individual business-level accounting and other databases to interact with those of other similar smaller (or even larger) business entities. it\u2019s like door- to-door delivery of mail, without going through a central collection and distribution agency like the post office or a courier company. \u201cdisintermediation\u201d will be triggered by blockchain.<\/p>\n

tomorrow, information will access information for you, on behalf of you, the way you define it to, without the possibilities of manual errors of omissions and commissions.<\/p><\/blockquote>\n

accounting life \u2013 networked. actually, blockchained!<\/p>\n

digital dna <\/strong><\/p>\n

identity theft will be extinct. technology will make your digital dna known to those with whom you do business, yet it will not be prone to impersonation. privacy and trust will converge in this future world, in such a way that both are protected equally.<\/p>\n

each transaction will have its own dna \u2013 auto-verified and confirmed by the counterparty to the transaction. it\u2019s like your clone doing in a digital world what you did until today in the physical world!<\/p>\n

authentication, analytics, access <\/strong><\/p>\n

cars that drive themselves. wearable technologies that monitor health and wellness variables. the real-time ability to mine, integrate and analyze colossal volumes of information about your business and use the intelligence curated from it to deliver it when and where needed \u2013 through new generation tailored products and services \u2013 using the combination of high-speed broadband, smartphones\/tablets and digital\/social media will profoundly change the way accounting is done and consumed. it’s always-on accounting!<\/p>\n

artificial intelligence <\/strong><\/p>\n

accounting systems will learn how you decide, when you are required to do what, where your payments will come from and go to, and even why you might want to consider which choices, given a business situation that you may not have even thought of.<\/p>\n

the industry insights will not be based on what the thought leaders think of but will be derived from provable data points and trends supported by real-time information. it’s predictive accounting!
\n<\/em><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

welcome to an accounting model that’s predictive and always on.<\/strong>
\nby hitendra patil<\/em>
\naccountaneur: the entrepreneurial accountant<\/a><\/em><\/p>\n","protected":false},"author":1363,"featured_media":48696,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","footnotes":""},"categories":[3058,3120,2306,2369],"tags":[3445,3447,120,629],"class_list":["post-52262","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-client-accounting-services","category-pro-member-exclusive","category-tech-and-fintech","category-entrepreneurial","tag-ai","tag-artificial-intelligence","tag-tech","tag-technology"],"acf":[],"yoast_head":"\nis blockchain a cloud killer? 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