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Top Blockchain Accounting Services - Harshwal & Company LLP

Harshwal & Company LLP offers one of the best Blockchain Accounting services to the customers as per their business needs. <br><br>http://bit.ly/2IsDC1S<br>

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Top Blockchain Accounting Services - Harshwal & Company LLP

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  1. Blockchain Accounting Services By – Harshwal & Company LLP

  2. What is Blockchain? • Blockchain is the technology with immense potential of use in the finance field. With the increasing popularity of Bitcoin the demand for blockchain has increased many folds. Blockchain is a decentralized system of data storage where data is stored in the form of blocks which once formed can not be altered, deleted. The capacity of blocks to remain immutable make blockchain immutable and hence it has a varied potential in the field of finance and accounting. The data stored on a blockchain is visible to all the members of the chain thus making it transparent. There is no central authority with read-write access to the data so the data on the blockchain is added only by the intervention of all the people on the network and removing the central authorities.

  3. BLOCKCHAIN ACCOUNTING SERVICES

  4. Blockchain Accounting Services:- • Blockchaintechnology can work wonders in the field of accounting as with accounting mostly deals with transactions and data, blockchain will help ensure the data is accurate and available on time. It will simplify the work of accountants and help then focus on the details then on the data itself. Many accounting companies and firms are employing this new technology in their system, and the results have been fascinating. With adopting to blockchain technology it would make it easier for the clients and accountants to view all transaction since the beginning of the blockchain without any error as all data stored on a blockchain is safe and immutable. So the chances of any data discrepancy are almost negligible. With the right set of data available the process of managing the finances is easier and it the various features provided by blockchain make it highly acceptable in the field of accounting.

  5. Features of Blockchain Accounting:- • Decentralized – There is no centralized authority with total control over the system, thus the data is safe and readily available for all in the network. • Real-time – Blockchains are capable of handling almost 1000’s of transactions per second thus making the data available in Real-Time. • Immutable – All blochchain transactions are stored in the form of blocks which once created are very hard to alter, thus maintaining the integrity of data. • Security – Blockchains have their own protocol and consensus algorithms, which make blockchain highly secured way of storing transactional data.

  6. THANK YOU Contact us – Harshwal & Company LLP

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