Blockchain Implications for Business

By Steven E. Sacks, CPA, CGMA, ABC

Blockchain technology has widespread implications for various business functions, including banking and finance; governance; and taxation. The technological components underlying the blockchain system include trustless computing, smart contract, and network security. Trustless computing is the foundation to reach a consensus in a decentralized blockchain system. Organizations and regulatory agencies can leverage blockchain to enhance business operations, increase efficiency, and reduce operational costs. This webcast, Blockchain Implications for Business, addresses how different types of businesses can gain advantages through this next generation of the technology revolution.

Here is a link to the webcast: