Introduction to Blockchain for Accounting Students

31 Pages Posted: 18 Jun 2018 Last revised: 7 Dec 2021

See all articles by Theophanis C. Stratopoulos

Theophanis C. Stratopoulos

University of Waterloo - School of Accounting and Finance

Jesus Calderon


Multiple version iconThere are 2 versions of this paper

Date Written: June 25, 2018


Several studies have pointed to the transformative effects of blockchain on wide spectrum of industries, including banking and finance, as well as accounting/audit firms. The primary objective of this paper is to develop a hands-on tutorial for helping accounting and finance students understand blockchain technology and how it works. To achieve these learning objectives, we adopt the following scaffolding approach: We use a combination of blockchain definitions and narrative story-telling to introduce blockchain concepts and build a foundational knowledge that one should have to understand blockchain technology. We use R to introduce some of these building blocks (e.g., hash, proof-of-work, validation) and demonstrate how a blockchain works.

Keywords: Blockchain, R

JEL Classification: M15

Suggested Citation

Stratopoulos, Theophanis C. and Calderon, Jesus, Introduction to Blockchain for Accounting Students (June 25, 2018). Available at SSRN: or

Theophanis C. Stratopoulos (Contact Author)

University of Waterloo - School of Accounting and Finance ( email )

200 University Avenue West
Waterloo, Ontario N2L 3G1 N2L 3G1
519-888-4567 x35943 (Phone)

Jesus Calderon

Gravito ( email )


Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Abstract Views
PlumX Metrics