{"id":2679,"date":"2018-02-06T12:21:41","date_gmt":"2018-02-06T12:21:41","guid":{"rendered":"https:\/\/holytransaction.com\/blog\/?p=2679"},"modified":"2018-10-01T17:13:36","modified_gmt":"2018-10-01T17:13:36","slug":"blockchain-future-accounting","status":"publish","type":"post","link":"https:\/\/holytransaction.com\/blog\/2018\/02\/blockchain-future-accounting.html","title":{"rendered":"Blockchain: the future of accounting?"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-2686\" src=\"https:\/\/holytransaction.com\/blog\/wp-content\/uploads\/2018\/02\/Untitled-design-8.png\" alt=\"\" width=\"1200\" height=\"627\" \/><\/p>\n<p>Scrolling through this brief and meaningful infographic, provided by our fellows from Maryville University, we can get a glance of the immense and still unexploited potential of blockchain technology in Traditional Business contexts. One for all, Accounting.<\/p>\n<p>Indeed the blockchain creates a decentralized ledger of all transactions where all records are updates and accessible to everyone in real-time.<br \/>\nAnd as everyone can perceive, this is a paradigm shift when it comes to subject like accounting.<br \/>\n<strong>This technology completely changes how monetary transaction are made<\/strong>, logged and given accessibility to. So<strong> its value for the Future of accounting is absolutely undeniable<\/strong>.<\/p>\n<p>Some of the greatest possibilities which the blockchain empowers are:<\/p>\n<p><em>1 smart contracting<\/em><br \/>\n<em>2 consolidated bookkeeping<\/em><br \/>\n<em>3 standardization in auditing<\/em><br \/>\n<em>4 Security and Trust<\/em><br \/>\n<em>5 Less Paperwork for accountant<\/em><\/p>\n<p>Today, blockchain technologies outside of cryptocurrency and digitalized accounting systems are still in their infancy. And the best course of action for a smart professional is to brace for disruption and stay ahed of digital trends.<\/p>\n<p>We are all witnesses in this era of revolution. But witnessing is not what counts.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-2682\" src=\"https:\/\/holytransaction.com\/blog\/wp-content\/uploads\/2018\/02\/MVU-BSACC-Blockchain-The-Future-of-Accounting-1-1.jpg\" alt=\"Holytransaction, Marville University infographic - Blockchain the future of accounting\" width=\"800\" height=\"4018\" \/><\/p>\n<p><span style=\"color: #000000; font-family: 'trebuchet ms', sans-serif;\"> <a href=\"https:\/\/online.maryville.edu\/online-bachelors-degrees\/accounting\/\"><span style=\"color: #000000;\">Credits:<\/span><\/a><\/span><\/p>\n<p><span style=\"color: #000000; font-family: 'trebuchet ms', sans-serif;\"><a href=\"https:\/\/online.maryville.edu\/online-bachelors-degrees\/accounting\/\"><span style=\"color: #000000;\">Infographic from <\/span>Maryville University Online Bachelor of Accounting Program<\/a><\/span><\/p>\n<p>Open your free digital wallet <a href=\"https:\/\/holytransaction.com\/app#!\/signup\">here<\/a> to store your cryptocurrencies in a safe place.<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>Scrolling through this brief and meaningful infographic, provided by our fellows from Maryville University, we can get a glance of the immense and still unexploited potential of blockchain technology in Traditional Business contexts. One for all, Accounting. Indeed the blockchain creates a decentralized ledger of all transactions where all records are updates and accessible to [&hellip;]<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":6,"featured_media":2686,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[101,102,103,107,234,356,357,358],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v19.6 (Yoast SEO v22.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Blockchain: the future of accounting? -<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/holytransaction.com\/blog\/2018\/02\/blockchain-future-accounting.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Blockchain: the future of accounting?\" \/>\n<meta property=\"og:description\" content=\"Scrolling through this brief and meaningful infographic, provided by our fellows from Maryville University, we can get a glance of the immense and still unexploited potential of blockchain technology in Traditional Business contexts. 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