Author(s)

Xiaojing Zhou, Jun Yan, Xiaoyun Zang, Jie Ren

Corresponding Author

Jun Yan

ABSTRACT

Since the 21st century, the emergence of technologies such as the Internet, Internet of Things, cloud computing, and big data has driven social upgrading and transformation again and again, and the block chain has been called the fifth industrial revolution. Since 2016, the advantages of the block chain have gradually emerged. The block chain technology has sprouted in many economic segments such as financial technology, investment and wealth management, and fiscal and taxation auditing, especially for accounting. This paper aims to analyze the definition and characteristics of block chain, study the application prospect of block chain in accounting, and the challenges that block chain technology will face in accounting applications.

KEYWORDS

Block chain technology, accounting, application,