It also saves businesses a lot of time from having to deal with fraud or trying to collect money from dishonest organizations. Blockchain is a multifaced topic with multiple implications for accounting, auditing and accountability, the accounting professions, and governance. More recently, a new research stage deserving more investigation is emerging based on the interaction […]

In 2018, the amount of electricity used to mine cryptocurrency can heat a home. On an aggregate basis, mining would represent the seventh largest country by electricity consumption. Blocks are linked creating the so-called blockchain by including in each block header the hash of the previous block header. Figure 2 compares the two kinds of […]