Blockchain: Emergent Industry Adoption and Implications for Accounting
Julia Kokina, Rubén Mancha, Dessislava A. Pachamanova · Journal of Emerging Technologies in Accounting · 2017
ABSTRACT Blockchain is a distributed ledger technology poised to transform the accounting practice. In this paper, we provide an initial examination of the technology itself and discuss the associated opportunities and limitations. We also present an overview of the current blockchain-related practices in large accounting firms and trace significant milestones in this technology's emergence. Finally, we discuss some potential areas that future research could address.