Some key impacts and implications
“Blockchain is just one part of a broader wave of emerging technology – think about things like artificial intelligence and automation – with the capacity to profoundly impact all aspects of the financial reporting process.”
“It is definitely technology that’s pushing the boundaries and raising questions around how we actually regulate this, what regulatory frameworks that already exist will apply, and what we need to put in place to ensure that it is effectively regulated and controlled.”
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© 2018 KPMG IFRG Limited is a UK company, limited by guarantee. All rights reserved. KPMG IFRG Limited, registered in England No 5253019. Registered office: 15 Canada Square, London, E14 5GL, UK.