Distributed Accounting and Blockchain Technology in Financial Accounting

Abstract

Abstract Blockchain management involves all aspects of blockchain, and its ultimate goal is to improve the efficiency of blockchain operations. This research mainly discusses the application of distributed bookkeeping and blockchain technology in financial accounting. Distributed systems require all nodes within the enterprise to upload inventory data to the system regularly. These data can be uploaded only after most nodes in the system confirm that they are correct. Invalid information is filtered to ensure that the data is true, accurate and reliable. By constructing a blockchain-based supply chain system, the integration and reconstruction capabilities of the supply chain can be improved. The information recording of internal data and external related multi-source data in the block can improve the learning ability of the supply chain. With the passage of time, the cost of holding has gradually decreased from 200,000 yuan before the simulation to 80,000 after the simulation. This research helps to encourage companies to form inventory holding quantities that adapt to their own conditions and reduce inventory holding costs.