In a presentation at South by Southwest March 21, 2015, How Bitcoin will Disrupt Accounting and Auditing, LibraTax CEO Jake Benson summarized the impact of blockchain technology as follows:
"Accountants and Auditors are financial doctors. We've just given them penicillin."
I did a post on digital distributed ledgers a while back. That is worth reading through. Also, watch this video by Alex Tapscott, in particular between minutes 8:30 and 11:00 in the presentation.
I now understand specifically how accountants made the top 5 list of those who will be losing their jobs to automation.
More to come...