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Blockchain technology disruptions: Exploring accounting and auditing academics and practitioners' perception

Year: 2024

Type: article

Abstract: This study explores the practical impact of blockchain technology (BCT), which contrasts strongly with literature that has predominantly hypothesised BCT's potential to disrupt accounting practice. We interviewed 44 practitioners and academics with knowledge of BCT across 13 countries and industries. We employed the technological context of the technological, organisation and environmental (TOE) theoretical framework within a constructivist‐interpretivist paradigm to understand any nuanced practical realities of BCT's impact. Our research ascertained an expectation gap regarding the expected BCT impacts on accounting and auditing practices versus the current reality. Our findings support the sceptics and oppose prior enthusiastic claims that BCT disrupts accounting and auditing functions.

Source: Accounting and Finance

DOI: 10.1111/acfi.13383

Authors: Musbaudeen Titilope Oladejo, Vida Botes, Mary Low, Steve Reeves

Institutions: Nigerian Defence Academy, University of Waikato

Language: English

Topic: Blockchain Technology Applications and Security

Subfield: Information Systems

Field: Computer Science

Domain: Physical Sciences

Open Access status: hybrid

Estimated APC paid: $3,300

OpenAlex ID: W4405675450

FWCI: 1.897

Cites: 81

Cited by: 5

Related to: 10