BLOCKCHAIN: SOCIAL INNOVATION IN FINANCE & ACCOUNTING

Abstract

At present times, there has been a surge in cryptopians community. Since wealth maximization is the aim of many, the virtual currency has become one of the important investment avenues. Virtual currency like bitcoins have become grill for the gossip mill. Consumer enjoys sovereignty. The present paper provides insight of the behind the scene technology in order to attain better understanding of the securitization prospects pertaining to the same. Mining allures cryptopians to solve proof of work because then only an increment in rewarded in blockchain. Without a doubt as per statistics, the currency has seen an upsurge but vital determinants which may pose a threat needs to be taken care of