Discussion on the Application Mode of Blockchain in 
Enterprise Financial Accounting

Yuting Qin; Zhiling Xu

doi:10.70711/frim.v3i11.7669

Discussion on the Application Mode of Blockchain in Enterprise Financial Accounting

Yuting Qin, Zhiling Xu

Abstract

In recent years, more and more researchers began to focus on and do research on fusion application between blockchain technology
and many industries. Blockchain technology can improve security and transparency of transaction information, ensure continuity and authenticity of financial data, reduce human intervention. Therefore, blockchain technology can effectively solve data frauds problem in enterprise
financial accounting. This paper first introduces blockchain technology, and then describes information distortion problems in traditional
financial accounting and their reasons. Moreover, this paper proposed a decentralized enterprise financial accounting mode with high transparency and credibility based on blockchain technology, which can technically solve the problem of financial cheating.

Keywords

Blockchain; Financial Accounting; Accounting Mode

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DOI: http://dx.doi.org/10.70711/frim.v3i11.7669

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