An Overview to Blockchain and Future of Accounting & Auditing in Blockchain Environment

Abstract

The Fourth Industrial Revolution, popularly referred as “Industry 4.0â€, involves innovations through digital technologies like artificial intelligence, internet of things, big data and blockchain. Blockchain has the potential to change the business processes across industries and can disrupt the way we carry out accounting as well as auditing functions! We must be ready to accept the challenges and opportunities being thrown by this recent “most talked about technologyâ€!