(a) What is block chain technology. (b)What benefits it canbring to the accounting profession....

80.2K

Verified Solution

Question

Accounting

(a) What is block chain technology. (b)What benefits it canbring to the accounting profession. (c) The challenges theprofession faces. (d) Do you think this technology would reallyhave an impact on the profession?

Answer & Explanation Solved by verified expert
4.3 Ratings (831 Votes)
Answer aBlock chain technology A block chain is a digitized decentralized open record of all simultaneous exchanges Presently the innovation is essentially used to confirm exchanges inside advanced monetary forms however it is conceivable to digitize code and embed for all intents and purposes any archive into the block chain    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Transcribed Image Text

In: Accounting(a) What is block chain technology. (b)What benefits it canbring to the accounting profession. (c)...(a) What is block chain technology. (b)What benefits it canbring to the accounting profession. (c) The challenges theprofession faces. (d) Do you think this technology would reallyhave an impact on the profession?

Other questions asked by students