Daily Fintech Conversations

XBRL News: Blockchain, specifications and ESEF

Originally published at: https://dailyfintech.com/2020/10/22/xbrl-news-blockchain-specifications-and-esef/

Here is our pick of the 3 most important XBRL news stories this week. 1 Blockchain and XBRL: The Myth Currently, many jurisdictions around the world require public companies to produce financial reports using XBRL. The myth that blockchain could replace XBRL in the production of financial information is incorrect. Blockchain is not a data…