Will blockchain technology disrupt the traditional accounting industry, which is based on double-entry bookkeeping?

First of all accounting is not an industry.

Accountants are needed in all industries as per current company rules.

But to get an above average salary, composite skills have relatively better prospects than single skills.

The boss will be able to create value to bring profits to the accountant to send a higher salary, to take the dead wage to copy the figures to the screen accountant below the front desk salary.

Secondly, on whether emerging technologies will reduce or even replace manual, financial software, SAP has greatly reduced the emergence of the manual work of the financial base post, the first two years of a certain operator in a certain area of the 70 cashier to customer service, so the financial base of the post's salary can not be; but this does not mean that there is no need for a cashier, just a cashier and the front desk, or a cashier and customer service.

Basic wages low recruited people are not good, spend more money boss and heartache, with robots to replace once and for all seems to be a better program, but data tampering, machine maintenance and other issues leading to the popularization of robots in all walks of life, and then to the disappearance of this function of the accountant is still a long, long time.

Just like Gree used robotic arms in some of its factories, but Foxconn just chose to move its factory to Indonesia, there will still be small workshops as long as labor is cheaper than robots.

Finally the accounting function will change, in fact, I think the biggest difference between humans and robots lies in the processing of complex information, and accounting is good key is being in the efficiency of information extraction and processing, to the current level of science and technology, the speed of processing a single event people are not as good as computers, but computers do multiple-choice questions on the jam, the question and answer questions is even more jammed, so subversion and what is still early.

Blockchain and private cloud technology to mature at least one or two decades, so long, you can learn some new skills; or to strengthen the efficiency of their own information processing, financial things as long as there are human will always exist, never unemployed; because information is always asymmetric, there is no completely transparent gratuitous effective information, any field.