Block Chain Technology: Risk and Corporate GovernanceBlock Chain Technology: Risk and Corporate Governance
Subhashish Roy Chowdhury · The Management Accountant Journal · 2021
Blockchain technology (BCT) is a transparent, distributed, decentralised technological chain growing at CAGR of 35% in 2017 – increasing to 42% in 2018 and expected to involve a spend of $12 billion by 2022.Though it has innumerable pros, it can also be a trajectory of illicit and unregulated activities. BCT can offer smart solutions to classical governance inefficiencies incorporates more strongly by eliminating the potentiality of corporate frauds and also benefiting institutional investors, shareholders, in-house/outdoor stakeholders and minorities.