#59: AI & Blockchain for Accounting with Kareem Khattab from Entendre

Blockchain at its core allows the transfer of value without an intermediary and offers an immutable ledger that provides real-time access to financial data while AI-based applications can be used to analyze financial data, and automate repetitive tasks like data entry, A powerful combo for accounting. We’re on the brink of a fundamental transformation and the impact on the accounting industry will be generational. So where do accountants go from here? Will AI replace accountants and 10 years from now, what will the accountants of today be doing? To help us find some answers through a discussion on the intersection of Blockchain and AI in accounting, today I’ve the pleasure to be speaking with Kareem Khattab, the Founder & CEO of Entendre Finance, an AI-powered crypto accounting software to help automate your fiat + digital assets activities. Topics covered; Episode intro (00:48) Kareem’s background (2:35) The intersection of AI & Blockchain (5:16) Onchain data collection with AI (7:00) Tracking & labelling of onchain transactions with AI (9:27) Challenges building a sub ledger (12:52) AI agents for crypto (14:23) Overview of Entendre Finance (17:33) Thanks to our sponsor Web3Finance Club (20:30) Data privacy with AI (22:13) Using ChatGPT prompts in Entendre (25:54) Onboarding with Entendre (29:35) Positioning against competitors like Cryptio, Bitwave, Cryptoworth, TRES (31:56) What does Entendre actually mean (35:39) Integrations with web3 companies like Loop, Rain, Hedgey Finance (37:36) How can accountants upskill with AI (39:29) Acceleration of crypto with AI (42:52) Follow The Accountant Quits: LinkedIN: linkedin.com/company/the-accountant-quits Twitter: twitter.com/accountantquits Follow Kareem Khattab: Twitter: https://twitter.com/kvreem LinkedIN: https://www.linkedin.com/in/kareem-khattab/ Review If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes. Website For show notes and past guests, please visit theaccountantquits.com/podcast/