Blockchain Technology - An Exploratory Study on Its Applications
M. Chandrashekar, R Kumaran, Ram Kumar Mishra · SSRN Electronic Journal · 2018
The one thing that never changes is CHANGE itself...! We can see how the smartphone has changed our lifestyle. In the late 80’s and 90’s, we had to wait/ stand in a queue for a long time for calling a person. Gradually the cellphone came into our hands and now the smartphone. The entire world has shrunk into our palm. Same is the case with the internet evolution, Facebook etc., and now blockchain technology is on its way. It not only changed the way we use the internet but also revolutionized global economy. Though it is in initial stages of development, the kind of growth since its inception is massive. The question WHAT IF has more power because many great innovations have a start on this question. Likewise, this article speaks about “What if blockchain technology is used in the fair market value of accounting?” and this article speaks about the various applications of blockchain technology.