Triple Entry Accounting with Blockchain Technology

Shivani Inder

A chapter in Digital Transformation, Strategic Resilience, Cyber Security and Risk Management, 2023, vol. 111B, pp 123-131 from Emerald Group Publishing Limited

Abstract: Blockchain technology has led the evolution of double entry accounting system to triple entry accounting system. Triple entry accounting is an innovative, promising and potential accounting method when implemented properly would be a game changer for dissemination of accounting information. It is an efficient way to address fundamental concerns of accounting information. This chapter discusses the triple entry accounting system, how it is different from double entry accounting and what are the concerns in implementing triple entry accounting. Triple entry accounting holds the potential to fundamentally evolve accounting practices, can enhance the effective utilisation and sustainable management of resources, and can contribute in development of financial markets.

Keywords: Triple entry accounting; blockchain technology; financial accounting; sustainable management; resources; double entry accounting (search for similar items in EconPapers)
Date: 2023
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://www.emerald.com/insight/content/doi/10.110 ... d&utm_campaign=repec (text/html)
https://www.emerald.com/insight/content/doi/10.110 ... 9-37592023000111B008
https://www.emerald.com/insight/content/doi/10.110 ... d&utm_campaign=repec (application/pdf)
Access to full text is restricted to subscribers

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eme:csefzz:s1569-37592023000111b008

DOI: 10.1108/S1569-37592023000111B008

Access Statistics for this chapter

More chapters in Contemporary Studies in Economic and Financial Analysis from Emerald Group Publishing Limited
Bibliographic data for series maintained by Emerald Support ().