Details on the potential of blockchain, its implications for auditors, how the accountancy profession can lead and what skills are necessary for the future.
Firms, such as the Big Four, are playing an active role in the global adoption of blockchain. Jemelyn Yadao finds out how they are exploring this nascent technology and asks, will it really disrupt the profession? By Jemelyn Yadao Many believe that we are in the midst of the biggest revolution since the invention of the Internet.… Read More Making sense of blockchain
While bitcoin attracted negative publicity in its early days, virtual currency networks such as blockchain and Ethereum have the potential to change the world. By Emmet Kelly Picture the scene: a locker room with an infinite number of lockers in a public place. Anyone can wander by. There are windows on each of the lockers… Read More Blockchain: a ledger you can bank on
By James Kelly Blockchain technology is creating a buzz in the worlds of banking and finance that it will lead to faster, cheaper and more secure services, but at what cost and is Hong Kong ready for the distributed ledger? James Kelly reports. A popular way to explain blockchain technology, as a casual web search… Read More The blockchain that binds us
By Vikram Kumar If blockchain is essentially just a database, has its potential impact been overestimated? In 2015, blockchain had all the frothy bubbles of a new wave crashing. Headlines called it the next big thing. Venture capital fuelled start-ups at a record rate. Patent applications flooded in. Big name companies jumped on the bandwagon… Read More New kid on the blockchain
By Tony Malkovic They only exist in cyberspace, secrecy surrounds who invented them, and no government or bank controls their use. Yet bitcoins are tipped by some to become a US$400 billion global enterprise. Don’t be fooled by all those photos of bitcoins you see on the internet, showing a golden coin with a “B” on them. They’re misleading: images created by designers… Read More The Brave New World of Bitcoins