I Hate Accounting! A Podcast by Botkeeper

Breaking Down Blockchain for Accountants in 2020 and Beyond

09.07.2020 - By BotkeeperPlay

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Blockchain technology, along with being a new buzzword, is also one of the most exciting technologies of the 21st century. A universally decentralized ledger system that can share data among an infinite number of users—a blockchain is unhackable. Due to its ability to share data and simultaneously record real-time transactions on every single computer connected to its network, the technology can’t be interfered with. If anyone tries to hack or scam a blockchain, the entire chain takes notice, and the chain will be forked where the hack happened, eliminating the culprit from the chain.

Learn more at https://www.botkeeper.com/blog/breaking-down-blockchain-for-accountants-in-2020-and-beyond

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