Blockchain Tech will change Auditing

How Blockchain Technology Will Change Auditing for Good

Matthew Spoke is a senior consultant at Deloitte Canada and is actively involved in the company's internal initiative to explore uses of blockchain technology in accounting. Here, in an article co-authored with his colleague Shannon Steele, he explores why a blockchain-based audit system is the future of accounting.

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  1. Blockchain Cross-Border Payments How Blockchain Is Being Used To Solve Cross-Border Payments Problems It's been 9 years since Bitcoin came into existence, making it possible for quick, inexpensive and also transparent peer-to-peer transactions. Over these years, Bitcoin has seen both magnificence and grief. Today, it survives, therefore, does its underlying innovation blockchain which has actually astounded different entities, especially banks as well as banks. With the hope that the distinctive advantages of Bitcoin can be duplicated by drinking the Blockchain Technology right into their ecosystems, many financial institutions have actually been discovering it.

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