Applications Research of Blockchain Technology in Accounting System

Abstract

Abstract Accounting is the business language of social economy. The in-depth application of blockchain technology in the accounting industry can promote the development of the accounting industry itself, and also further promote the blockchain technology to play a higher role in the whole social economy. This paper studies the necessity and feasibility of the application of blockchain technology in the accounting industry, discusses the working principles of the accounting information system of the seller and the buyer, and constructs the vertical and horizontal application models of blockchain technology in the accounting system. Finally, this paper points out that we can strengthen the promotion of applications of blockchain technology in the accounting system by strengthening policy guidance, improving legislative protection, and cultivating compound talents.