Thanks to @Lean_LAA for hosting the 5th Cappuccino Talks with @AdrianWildeis, our senior project manager at @GenLots as a speaker.
Register here: https://t.co/0cCKoJ0Eu4
My personal identity was hacked last week. The attacker was able to steal $100k+ in a sweep of my Coinbase account. I'm equal parts embarrassed, hurt, and deeply remorseful.
In an effort to raise awareness about the attack, I wrote about it here: https://t.co/ZnbB0AN6Gd
Overall, I found it interesting today at the world investment forum of #unctad that blockchain technology is not questioned (for accounting). Standardization bodies are actively shaping conditions to allow countries and organizations facilitate #crypto#bullish
I am at a #unctad workshop called ‘Digital currencies and #blockchain: implications for accounting’. The speakers are from consultancy companies, or standardization bodies.
Kris Peach from the Australian Accounting Standards Board explained the struggle to categorize virtual currencies. Yasunobu Kawanashi from the Japanese board says that Japan categorizes them as assets.
I am at a #unctad workshop called ‘Digital currencies and #blockchain: implications for accounting’. The speakers are from consultancy companies, or standardization bodies.
In the keynote Phillippe Arraou from @IFAC speaks clearly of a revolution. Accountants have to adapt, demands ‘digital agility’ instead of fighting #blockchain. #unctad#wif
After a question from the audience Mohini Singh says the introduction of Blockchain to public accounting has to happen on a global level. All large political organizations and consultants have to be involved
Marco Grossi from @Deloitte mentions that Blockchain could revolutionize accounting by introducing triple accounting entry. Besides the #big4 the big IT companies are developing solutions for accounting. He mentioned @SAP@Oracle@Microsoft
Almost 1/3 of all cryptos financed through ICOs in 2017 have lost “substantially all value” and 86% trade below listing price - EY 📉
71% still have no product. Of the ones that do, some have started accepting fiat, or abandoned their own token
https://t.co/T9Dt1P9GuQ