I encourage accounting professionals to learn Solidity and Ethereum for the following reasons:
- It also allows you a primer to learning a programming language of which can give you a different learning perspective. Adapting a coding mindset gives alternative solutions to problems you encounter on a day-to-day basis. (I literally built a lot of edge over the years over my skills in SAP, Excel, Quickbooks and optimizing them through code) It’s easy to understand as well. Decentralized ledgers, smart contracts and a lot of terminologies are very similar to how it is applied in the business landscape. Which leads me to my next point…
- It increases your market value as a professional. There is a lot of companies hiring people who are very knowledgeable of blockchain technology and it can be a new alternative or opportunity in the future.
- It is very promising and can change the way we do financial transactions in five to ten years. I truly believe in it as bitcoin stood the test of time and remained a force in its own of which blockchain technology is behind its robust hashing technology and decentralized interdependent database structure.
Though I have retired from the 9 to 5 job accounting lifestyle, I still continue my learning with the field through blockchain technology. As I stated above, I really believe it can change the very landscape in years to come.
visit my website: https://migueldeguzman.github.io