Crypto-curious Xero accountants ready for blockchain business

Digital Playhouse Foundation co-founder and Accountants On-Chain project lead Electra Frost spoke on the Xero looks ahead: Blockchain panel at Xerocon Sydney.

Xerocon is an education-focused 2-day event run by the accounting technology platform Xero. Known as "Coachella for accountants", the event brings cloud accounting leaders from across the world to elevate accountants’ and bookkeepers’ skills, knowledge, industry awareness and connectedness.

Led by Xero’s EGM, Architecture & Integration James Bergin, this panel aimed to demystify emerging technologies like blockchains and cryptocurrencies and explore the possible impact they might have for accountants and their clients.Also on the panel was CryptoTaxCalculator founder Shane Brunette, and Adam Parore from CoinHQ and SBA NZ.

Xero recognised the potential of blockchain at Xerocon Brisbane 2018 and so much has developed since then. With Australia having the highest rate of crypto adoption in the world and 55% of merchants and consumers wanting to transact in crypto, lots of small business accountants and bookkeepers are now trying to post crypto in the books for the first time.

The crypto-curious digital accountan