APPLICATION OF BLOCKCHAIN TECHNOLOGY IN ACCOUNTING SYSTEMS.
Keywords:
Blockchain technology ,Accounting innovation, Audit automation ,Financial transparency ,Supply chain accounting,Real-time auditing, Digital ledger, Cryptocurrency accounting.Abstract
In recent years,the blockchain technology is becoming the one of the most powerful technologies in accounting system by enhancing accuracy, trancparency and data security.In this article,I explore the key features and benefits of using blockchain ,such as real-time transaction recording,immutability and decentralization which address long-standing issues in financial reporting and auditing.The study reviews previous relevant literature and analyzes international applications and also evaluates the potential of blockchain adoption in Uzbekistan’s accounting practices.
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