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June 2017 » Blockchain: The Making of a Simple,...
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Yigal Rechtman, CPA, CFE, CITP, CISM
Ever since the double-entry bookkeeping system was created in 1340, accountants and business owners have been focused on the fidelity of financial reporting systems. The double-entry system prevented misreporting and forced accounting to be reliable. With more reliance on computerized information systems, more reliable information is imperative. The blockchain database structure is designed to achieve this reliability.
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