Quote:
Originally Posted by Unregistered
blockchain the process... not possible
in this hypothetical blockchain process, who is going to host the nodes? is it 2 parties (auditor to 1 client) chain or multi party chain (auditor to many clients).
if its previous, how audit maintain all those chains?
if its latter, how audit ensure the single chain can be used by all parties?
and the whole purpose of having someone doing the accounts/audit is so that they can get sued when something goes wrong? until an AI software company is going to take the liability, this is never going to happen.
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Just parties involved in the transation. B2b b2c.
Auditors and accountant is not required here. This profession is just extra cost and irrelevant.
Something go wrong will be the parties involved in the transaction, the one approving the transaction.