In late 2016,1 wrote about why blockchain matters to CPAs. The article started with the basics, defining a distributed ledger built upon the protocol of trust (peer to peer). In The Blockchain Revolution, Don and Alex Tapscott refer to the blockchain as "the transformation of the Internet of Information to the Internet of Value." During the past year we have seen numerous blockchain pilots in several industries, governmental applications, and, more important, the convergence of multiple technologies increasing the capability and importance of blockchain to the accounting profession. I refer to the convergence of multiple technologies as "Block-chain Plus," and it is critically important to blockchain's success.
展开▼
