In the industrial era 4.0, the newest digital currency payments emerged, namely cryptocurrency. Cryptocurrency uses blockchain technology to manage and record transactions, so that the financial transaction system does not require a third party as an intermediary and makes transactions more transparent. Blockchain has an impact on the audit process carried out by the auditor. The purpose of this study is to examine the impact of applying blockchain technology in digitizing accounting records. The research method used is descriptive qualitative by finding sources of data from literature, articles, reputable international journals. This research shows that blockchain technology has the potential for implementation in the fields of accounting, auditing and finance. The results of this study indicate that the positive impact of blockchain in digitizing accounting records is the freedom of access to view key records so that auditors can easily authorize transactions, the ease of validating transactions, the guarantee of integrity and reliability of data, the verification process that is carried out automatically , obtain data directly without third parties, ease in providing financial report assessments, have big data analytical features that are guaranteed to be correct, and make the accounting process more extensive and real-time.

Link: Blockchain Technology In Digitalization Of Recording Accounting Transactions