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Accountants will not need to bookkeeping and reconciliation work.
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Accountants will not need to bookkeeping and reconciliation work.
They note that blockchain could induce a radical change in the field of accounting, namely, a shift to triple-entry bookkeeping. And this reflects almost equal awareness among the members of the study sample of the concept of blockchain technology. Blockchain technology will reduce the need to follow paper trails as the blockchain would be enough to prove many parts of a traditional audit.
