Blockchain Technology and its Impact on Big 4

Running head: BLOCKCHAIN TECHNOLOGY AND ITS IMPACT ON BIG 4
Blockchain Technology and its impact on Big 4
Name of the student:
Name of the university:
Author Note:

1BLOCKCHAIN TECHNOLOGY AND ITS IMPACT ON BIG 4
Table of Contents
Chapter 1: Introduction..........................................................................................................3
1.1 Background of the research:.............................................................................................3
1.2 Research objectives:.........................................................................................................3
1.3 Research questions and/or hypothesis:.............................................................................3
1.4 Significance of the research:............................................................................................4
1.5 Summary:.........................................................................................................................4
Chapter 2: Literature Review.................................................................................................5
2.1 Introduction:.....................................................................................................................5
2.2 Blockchain technology:....................................................................................................5
2.3 Merits and drawbacks of blockchain technology:............................................................5
2.4 Impact of blockchain technology on organizations:........................................................6
2.5 Gap in the literature:.........................................................................................................7
2.6 Summary:.........................................................................................................................8
Chapter 3: Research Methodology.........................................................................................9
3.1 Introduction:.....................................................................................................................9
3.2 Research philosophy:.......................................................................................................9
3.3 Research design:...............................................................................................................9
3.4 Research approach:........................................................................................................10
3.5 Research strategy:..........................................................................................................10

2BLOCKCHAIN TECHNOLOGY AND ITS IMPACT ON BIG 4
3.6 Data collection and analysis:..........................................................................................10
3.7 Sampling and sample size:.............................................................................................10
3.8 Ethical considerations:...................................................................................................11
3.9 Summary:.......................................................................................................................11

3BLOCKCHAIN TECHNOLOGY AND ITS IMPACT ON BIG 4
Chapter 1: Introduction
1.1 Background of the research:
The aim of the assignment deals with the implementation of the block chain technology
and its impact on the big four firms in the Middle East which are the PWC, KPMG, EY and
Deloittte. Blockchain technology refers to the digital ledger created for the purpose to
capture transactions which happens among different parties within a network. Blockchain
works in the process of peer-to-peer, Internet-based distributed ledger which includes all
kinds of transactions since its incorporation (Atzori 2015). All the industries and the business
using the shared database are “nodes” which are connected to the blockchain, which also
further maintains a same copy of the ledger. All the recorded transaction into a blockchain
further represents an exchange of value between the representatives and the ownership. At the
time of practicing many different types of this technology are being developed and tested. In
that case most blockchains follow this kind of procedures and approach (Aste, Tasca and Di
2017).
1.2 Research objectives:
 To understand the impact of blockchain technology on the big four audit firms.
 To understand the nature of blockchain technology.
 To find out the advantages or the benefits of using this blockchain technology.
 To understand the characteristics of blockchain technology
1.3 Research questions and/or hypothesis:
 Why it is needed to understand the impact of blockchain technology on the big four
audit firms?
 Why it is important to understand the nature of blockchain technology?