Our site navigation is changing. Read about the latest changes.
Blockchain promises to be a disruptive technology for the accountancy and auditing professions. Here the ICAEW's IT Faculty collates useful information and resources on the distributed ledger technology and its applications.
Definition of blockchain created by the ICAEW IT Faculty, which outlines the key features of the technology, as well as the challenges and opportunities its adoption offers the accountancy and auditing professions.
Watch the presentations from the IT Faculty's seminar Demystifying Blockchain held in London on 28 June. The speakers covered topics, including: an introduction to blockchain; a use case example, from everledger; the auditor's role in a blockchain-enabled world; and the art of the possible in blockchain. The video also includes the audience Q&A with the panel of speakers.
Blockchain was created by the unknown person or persons that created the online cash currency bitcoin under the pseudonym of Satoshi Nakamoto.