UGC Approved Journal no 63975(19)

ISSN: 2349-5162 | ESTD Year : 2014
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Published in:

Volume 9 Issue 9
September-2022
eISSN: 2349-5162

UGC and ISSN approved 7.95 impact factor UGC Approved Journal no 63975

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Published Paper ID:
JETIR2209474


Registration ID:
502929

Page Number

e635-e639

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Title

IMPLEMENTATION AND REGULATORY CHALLENGES ON ADOPTION OF BLOCKCHAIN TECHNOLOGY IN ACCOUNTING AND AUDITING

Abstract

Blockchain is a decentralized, immutable database that makes it easier to track assets and record transactions in a corporate network. An asset may be tangible (such as a house, car, cash, or land) or intangible (intellectual property, patents, copyrights, branding). A block chain network allows for the tracking and trading of practically anything of value, lowering risk and increasing efficiency for all parties. When blockchain was first developed in 2008, cryptocurrency (or crypto) transactions were its main application. Today, it is utilized in a wide range of businesses for a variety of purposes, including accounting, financial services, storage management, security, etc. In this paper an attempt is made to understand the implementation and regulatory challenges on adoption of blockchain technology in accounting and auditing.

Key Words

Blockchain, Challenges, Accounting, Auditing

Cite This Article

"IMPLEMENTATION AND REGULATORY CHALLENGES ON ADOPTION OF BLOCKCHAIN TECHNOLOGY IN ACCOUNTING AND AUDITING", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.9, Issue 9, page no.e635-e639, September-2022, Available :http://www.jetir.org/papers/JETIR2209474.pdf

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2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

"IMPLEMENTATION AND REGULATORY CHALLENGES ON ADOPTION OF BLOCKCHAIN TECHNOLOGY IN ACCOUNTING AND AUDITING", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.9, Issue 9, page no. ppe635-e639, September-2022, Available at : http://www.jetir.org/papers/JETIR2209474.pdf

Publication Details

Published Paper ID: JETIR2209474
Registration ID: 502929
Published In: Volume 9 | Issue 9 | Year September-2022
DOI (Digital Object Identifier):
Page No: e635-e639
Country: Udaipur, Rajasthan, India .
Area: Commerce
ISSN Number: 2349-5162
Publisher: IJ Publication


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