Blockchain and AI: Integrating Emerging Technologies into Bangladesh’s Accounting Practices
Author (s)
Rakibul Islam, Md. Hafizul Islam, & Shamima Islam
Abstract
The given paper investigates the prospects of implementing blockchain and artificial intelligence-based accounting systems in Bangladesh, which may overturn the traditional approach to the respective practices. The analysis of the specific situation reveals that throughout such countries as India, Thailand and others, the introduction of such technologies is supported and regulated on a governmental level through specific frameworks. It also identifies the necessity for training programs tailored to the industry needs and the unique role of educational institutions in this process. At the same time, the study of the issue allows stating such challenges as data security risks, regulatory difficulties, or insufficient technological infrastructure among small and medium businesses. In conclusion, the paper provides the respective recommendations and research directions supporting the trends identified and predicting their broader implementation in Bangladesh in the future.
Keywords: Blockchain, Artificial intelligence, Technological infrastructure, Specific frameworks, Bangladesh.
| Title: | Blockchain and AI: Integrating Emerging Technologies into Bangladesh’s Accounting Practices |
|---|---|
| Author: | Rakibul Islam, Md. Hafizul Islam, & Shamima Islam |
| Journal Name: | International Journal of Science and Business |
| Website: | ijsab.com |
| ISSN: | ISSN 2520-4750 (Online), ISSN 2521-3040 (Print) |
| DOI: | https://doi.org/10.58970/IJSB.2468 |
| Media: | Online |
| Volume: | 41 |
| Issue: | 1 |
| Issue publication (Year): | 2024 |
| Acceptance Date: | 06/10/2024 |
| Date of Publication: | 08/10/2024 |
| PDF URL: | https://ijsab.com/wp-content/uploads/2468.pdf |
| Free download: | Available |
| Page: | 111-127 |
| First Page: | 111 |
| Last Page: | 127 |
| Paper Type: | Review paper |
| Current Status: | Published |
Cite This Article:
Islam, R., Islam, M. H. & Islam, S. (2024). Blockchain and AI: Integrating Emerging Technologies into Bangladesh’s Accounting Practices. International Journal of Science and Business, 41(1), 111-127. DOI: https://doi.org/10.58970/IJSB.2468
Retrieved from https://ijsab.com/wp-content/uploads/2468.pdf
About Author (s)
Rakibul Islam (Corresponding author), Assistant Professor, Department of Accounting & Information Systems, Bangladesh Army University of Science and Technology, Saidpur 5311, Bangladesh. ORCID: https://orcid.org/0009-0000-7644-5362
Md. Hafizul Islam, Lecturer, Department of Accounting & Information Systems, Bangladesh Army University of Science and Technology, Saidpur 5311, Bangladesh. ORCID: https://orcid.org/0009-0001-8034-6348
Shamima Islam, Assistant Professor, Department of Business Administration, Bangladesh Army University of Science and Technology, Saidpur 5311, Bangladesh. ORCID: https://orcid.org/0009-0009-1520-4579
DOI: https://doi.org/10.58970/IJSB.2468