Blockchain Accounting Top Blockchain Accounting Services - Harshwal & Company LLP Services
                     BLOCKCHAIN By – Harshwal & 
 ACCOUNTING SERVIC Company LLP
ES
WHAT IS BLOCKCHAIN?
 Blockchain is the technology with immense potential of use in 
the finance field. With the increasing popularity of Bitcoin the 
demand for blockchain has increased many folds. Blockchain 
is a decentralized system of data storage where data is 
stored in the form of blocks which once formed can not be 
altered, deleted. The capacity of blocks to remain immutable 
make blockchain immutable and hence it has a varied 
potential in the field of finance and accounting. The data 
stored on a blockchain is visible to all the members of the 
chain thus making it transparent. There is no central 
authority with read-write access to the data so the data on 
the blockchain is added only by the intervention of all the 
people on the network and removing the central authorities.  
BLOCKCHAIN 
ACCOUNTING 
SERVICES
BLOCKCHAIN ACCOUNTING 
SERVICES:- 
 Blockchain technology can work wonders in the field of 
accounting as with accounting mostly deals with transactions 
and data, blockchain will help ensure the data is accurate and 
available on time. It will simplify the work of accountants and 
help then focus on the details then on the data itself. Many 
accounting companies and firms are employing this new 
technology in their system, and the results have been 
fascinating. With adopting to blockchain technology it would 
make it easier for the clients and accountants to view all 
transaction since the beginning of the blockchain without any 
error as all data stored on a blockchain is safe and 
immutable. So the chances of any data discrepancy are 
almost negligible. With the right set of data available the 
process of managing the finances is easier and it the various 
features provided by blockchain make it highly acceptable in 
the field of accounting.

FEATURES OF BLOCKCHAIN 
ACCOUNTING:- 
Decentralized – There is no centralized authority with total 
control over the system, thus the data is safe and readily available for 
all in the network.
Real-time – Blockchains are capable of handling almost 1000’s of 
transactions per second thus making the data available in Real-Time. 
Immutable – All blochchain transactions are stored in the form of 
blocks which once created are very hard to alter, thus maintaining the 
integrity of data. 
Security – Blockchains have their own protocol and consensus 
algorithms, which make blockchain highly secured way of storing 
transactional data. 
                  THANK YOU 
Contact us – Harshwal & Company LLP
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