Blockchain: What You Need to Know Now

20 key concepts for now. 5 key questions for the future.

By Hitendra Patil
Accountaneur

Social media. Big data. Automation. Artificial intelligence. Machine learning. There is already a lot of technological impact on the accounting profession. Now comes blockchain.

MORE: The What, Why and How of Artificial Intelligence for Accountants | The Client of the Future | The Rise of the Robot Accountant: Opportunity or Threat? | Six Never-Before Opportunities for the Accounting Profession | Urgently Required: A New Definition of Accounting | Certified Blockchain Accountant: From CPA to CBA
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As a CPA, should you worry about blockchain? Let’s examine.

Posted on November 26, 2018

Hitendra Patil

About the Author

Hitendra Patil is the president of the Global F&A and CPA outsourcing services unit of Datamatics Business Solutions, Inc., a global provider of outsourced accounting, bookkeeping, finance, tax preparation, audit & assurance, payroll and demand generation & data services.

He is one of the profession's leading authorities on accounting technology, accounting firm innovation, and client accounting and advisory services (CAS / CAAS) and among the Top 100 Most Influential People in Accounting, the Top 10 Accounting Influencers to Follow on Social Media, and the Top 100 Accounting Social Media Leaderboard.

He is the best-selling author of
“The Definitive Success Guide to Client Accounting Services.”

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and
"Accountaneur: The Entrepreneurial Accountant."

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For over 20 years, he has worked exclusively for the accounting industry, leading several functions, including accounting, payroll, tax, and advisory services and technology solutions used by professional accountants.

He is a regularly published author in many leading publications in the United States accounting profession. Accountants have bought his best-selling books in 12 countries across five continents. He frequently provides fresh thought leadership and actionable insights to the accounting profession about CAS/CAAS, practice growth, entrepreneurship in accounting, and emerging technologies, such as artificial intelligence, machine learning, blockchain, and cybersecurity.

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Patil's newest book is, "Rise of The AiCCOUNTANTS: The What, Why, and How of Artificial Intelligence – Exclusively for Accountants.”
Available here

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