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Auditing Blockchain

Online Exclusives Israel Sadu, PHD, CIA, CRMA, CISA Jan 03, 2019

Internal auditors need to focus on new risks and opportunities posed by blockchain technologies.

​Businesses and government agencies alike are pursuing blockchain’s promise of greater accuracy, trans-parency, and efficiency. Accounting firms are investing more than $3 billion a year on blockchain technology, while IBM predicts that two-thirds of all banks will have blockchain products by 2020. These organizations are attracted to blockchain’s ability to record relevant details of every transaction in a distributed network.

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Israel Sadu, PHD, CIA, CRMA, CISA

Auditor, International Organization

Israel Sadu is an auditor with an international organization in Geneva.​