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How can smart contracts improve the accounting

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Reference no: EM132899437

Question - Your boss has heard about technology improvements in manufacturing and has asked you to research the benefits and risks of implementing Blockchain technology into the supply chain and manufacturing process. Specifically, she has asked for you to determine:

-what companies are able to assist with this type of technology implementation,

-what benefits can this technology bring to the supply chain communication of data,

-and how can smart contracts improve the accounting and finance function of the organization? Now that you're the expert in managerial and cost accounting, you've been assigned as the lead on this project. Research these questions and   provide your boss answering her questions and making a recommendation for or against introducing blockchain into your manufacturing and supply chain processes.

Reference no: EM132899437

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