Real-Time Streaming of Financials: in First Quarter 2019?

December 13, 2018, 12:08 PM UTC

In the future, when all financial reporting moves to blockchain, a tech-savvy millennial buying a Candy Cane Frappuccino™ will be able to check Starbucks’ financial page and immediately see the company’s profits tick up a few cents.

The beginning of that future could arrive as soon as the first quarter of 2019, according to the chief executive of a company that hopes to make it happen.

“We’re basically going to stream our financial statements real-time as they occur,” Chris Danusiar, CEO of Auditchain GmbH, told Bloomberg Tax Dec. 12. “So there’s no ‘look back a month, look back a quarter, ...

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