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Will blockchain technology “end” double entry system?

Wikipedia offers a great definition of Blockchain: “By design, a blockchain is resistant to modification of the data. It is “an open, distributed ledger that can record transactions between two parties efficiently and in a verifiable and permanent way”. For use as a distributed ledger, a blockchain is typically managed by a peer-to-peer network collectively adhering to aprotocol for inter-node communication and […]

Social media and Consumer Confidence Index

According to Wikipedia, the U.S. consumer confidence index (CCI) is an indicator designed to measure consumer confidence which is defined as the degree of optimism on the state of the economy that consumers are expressing through their activities of savings and spending. Global consumer confidence is not measured. Country by country analysis indicates huge variance around the globe. In […]