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Innovating Blockchain-Based Accounting with Totem

March 12th, 2020  •  48 mins 47 secs  •  Download (39.1 MB)  •  Link with Timestamp

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Why is the “black art” of accounting still stuck in the 20th century, and how can blockchain technology make it more efficient?

In this episode, Joe Petrowski (research analyst, Parity Technologies) speaks with Chris D’Costa and and Toufiqur Chowdhury of Totem Live Accounting, a blockchain-based accounting system. They discuss why today’s accounting practices are so inefficient and how blockchain technology can improve them. Find out how Totem is innovating accounting for the 21st century, how the project fits into the Polkadot ecosystem, and why the team decided to build on the Substrate blockchain framework.