A study of the relationship of the extent of accountants’ knowledge of Blockchain technology and their expectations of its Importance to accounting - a field study

Abstract

The study aimed to identify the level of knowledge of accountants with Blockchain technology and its uses, as well as the degree of their expectations of its importance to the accounting profession, in addition to measuring the relationship between the degree of accountants’ knowledge of technology (Blockchain) and their expectations of its importance to the accounting profession.

The results of the study concluded that accountants have medium knowledge of Blockchain technology and its importance and uses. The results also indicated positive expectations of accountants for the importance of technology on the accounting profession. The results also showed a high direct correlation between the variables of knowledge of technology and the degree of their expectations of its importance to the accounting profession.

The study recommended the need to shed light on Blockchain technology and encrypted digital currencies by trade unions, universities and research centers, and update financial educational programs and plans in universities and training centers to include elements of financial technology, specifically Blockchain technology, and also recommended the introduction and promotion of  Blockchain technology in government, banking and corporate systems. , to take advantage of it as a real opportunity.

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