Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, All Articles, Auditing, Cost Accounting, Financial Accounting, Fraud Accounting, Income Taxes, Intermediate Accounting, Managerial Accounting, Uncategorized.

A newly released block chain report about banking was previewed on Business


  1. According to Bloomberg, how much money has been poured into block chain technology, annually, as of 2018 within financial institutions?
  2. What are key difficulties or roadblocks associated with block chain application?
  3. What are the companies mentioned in the report?


Tesfaye, M. (2019). BLOCKCHAIN IN BANKING: An inside look at four banks’ early blockchain successes and failures. Business Insider, June 17 (Retrievable online at