The Rise of Blockchain and Cryptocurrency

The Rise of Blockchain and Cryptocurrency The Rise of Blockchain and Cryptocurrency Money OF THE FUTURE THE RISE OF BLOCKCHAIN AND CRYPTOCURRENCY HOW COMMON DO YOU THINK CRYPTOCURRENCY WILL BECOME FOR BUSINESS TRANSACTIONS IN THE NEXT FIVE YEARS? 13% Not normal by any means 18% Very normal 37% Not normal 32% Somewhat normal BY COMPANY SIZE: 20-49 50-99 workers 100-249 workers 250-499 workers 500-999 workers 1,000+ workers Common 14% 23% 21% 37% 45% 32% To some degree normal 28% 37% 44% 38% 38% 36% Not normal 42% 30% 31% 17% 16% 27% Not in the slightest degree normal 17% 10% 4% 8% 2% 6% Reactions may not add up to 100 percent because of adjusting. HOW DO YOU THINK THE RISE OF CRYPTOCURRENCY AND BLOCKCHAIN TECHNOLOGY WILL AFFECT ACCOUNTING AND FINANCE DEPARTMENTS? 36% Staff should extend ranges of abilities to adjust for new bookkeeping and fund advancements 34% It will build the requirement for specific bookkeeping (e.g., charge and measurable bookkeeping) 30% There will be progressively cross-departmental joint effort with IT 29% It won't sway bookkeeping and account until it becomes government-managed 9% No effect by any stretch of the imagination 1% Other Numerous reactions allowed