The invention of the blockchain technology can be equated with the invention of the writing or Internet network, considering their major role in the communication between individuals as well as legal persons, regarding information transfer, money transfer etc. The author analyses the technology, the implemented and projected examples of its use, its relationship with accounting and auditing as well as its influence on the development of these economic sciences. The development of accounting and auditing is linked to the development of modern technologies. Nowadays, according to the technological progress the role of blockhain technology is constantly increasing. Blockhain is a distributed database that maintains a continuously-growing list of data records secured from tampering and revision. Blockchain can be used in financial and banking sectors first of all, but also in e-government and administrative sectors. The implementation of blockchain technologies in accounting and auditing doesn’t change their fundamental principles but increases the auditing capacities. In some countries blockchain is adopted for auditing as a practical matter, including the national level.
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I have been involved in scholar field for many years. In 2012 I’ve made a decision to turn around my life and apply my knowledge on practice in banking and business fields. I stated working in a bank improving their payment methods, communicating with insurance companies and creating new alternative channels to sell banking services.
At the same time my friends and I launched a small business in the sphere of innovative technologies. It was a great experience that failed: we lacked time, patience knowledge and money to rapidly promote our projects.
I also continued my scholar activity, improving on the practical knowledge I gained working at the bank with cashflow and new technologies in the banking sector. This is how I got the idea to write my PhD thesis on electronic money, cryptocurrencies which at the time just started their journey and bitcoin was worth only $100.
Later in 2015 I started another business. This time it was in consulting and a successful experience. I currently devote all my time to it being more patient and experienced. I grow it in the sphere which I understand the most matching clients needs.
Th most important thing that I always wanted to realise is to monetise my knowledge and earn money in the sphere of great interest to me. I still continue my scholar activity teaching at several universities in Europe sharing my experience with the students. I am also very passionate about languages never missing an opportunity to practice and improve on my skills in German, Polish and French languages.