区块链对审计风险的影响有哪些,区块链对审计风险的影响论文
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⑴ Rapid changes in big data, blockchain, cloud technology and other information technology environments have led to changes in auditing that have had an impact on auditors
The impact is as follows:
Big data audit replacement Traditional auditing is the general trend. Based on the introduction of technologies such as artificial intelligence and big data, this article proposes five major trends in big data auditing, namely: audit intelligence, audit platformization, multi-dimensional audit information, transformation from sampling audit to detailed audit, and audit visualization. At the same time, this article also points out the five major challenges faced by big data auditing, namely: high cost of obtaining big data, difficulty in changing concepts and habits, scarcity of talents, complexity of audit business and complexity of big data audit system design. The research conclusions of this article have certain reference significance for big data audit practice.
⑵ What is the difference between blockchain and financial audit?
The following differences exist between blockchain and financial audit:
1. The concepts of the two are different. Blockchain refers to a new application model of computer technology in the form of distributed data storage, point-to-point transmission, consensus mechanism, encryption algorithm, etc. It is essentially a decentralized database; financial auditing refers to the assets of state-owned enterprises. Carry out audit supervision on whether , liabilities, profits and losses are true and legal, make an objective and fair evaluation of the financial statements reflected by the audited enterprise, form an audit report, and issue audit opinions and decisions.
2. The two functions are different. Blockchain can use block chain data structures to verify and store data, etc., to verify the validity of information and generate the next brand new block; the purpose of financial audit is to reveal and reflect the true situation of the company, and to investigate and deal with the company's financial affairs Various illegal and irregular issues in revenue and expenditure are conducive to the government strengthening macro-control and safeguarding the rights and interests of national owners.
⑶ Why should blockchain technology be used in the financial field and what are its substantial benefits
The main advantages of blockchain technology in the financial field are disintermediation and extreme Great cost reduction.
First of all, the financial industry currently needs to conduct layer-by-layer audits to control financial risks to prevent single points of failure and systemic risks, but this also results in high internal costs. And due to the emergence of increasing regulatory regulations, especially the 2008 financial crisis, the threshold for financial control has continued to rise, and the war on terrorism has led to the scope of anti-money laundering and counter-terrorism financing, which has gradually expanded the breadth and depth of supervision, resulting in the entire financial The regulatory costs of the system have increased dramatically. In this case, blockchain technology can greatly reduce costs for the entire financial system through tamper-proof and highly transparent methods.
According to a report released by Santander, Spain’s largest bank, if all banks around the world use blockchain technology internally around 2020, they will save approximately US$20 billion in costs per year. Such data is enough to illustrate the tremendous changes and breakthroughs that "blockchain" has brought to the traditional financial field.
In addition, due to historical reasons, traditional financial institutions haveAll calculations are done by the central clearing house, and the problem caused by this is low efficiency. Traditional cross-border settlements go through institutions like SWIFT, so cross-border wire transfers are often calculated on a daily basis. However, when Bitcoin uses blockchain technology, it has been running perfectly for seven years without a centralized operating organization. Not only can it achieve real-time settlement and clearing, but there has been no accounting error.
So, if all financial systems can achieve decentralized real-time settlement and clearing, it will not only greatly improve global financial efficiency, but also change the pattern of global finance.
⑷ Classification of blockchain audit objectives
Under blockchain technology, the traditional audit objectives of authenticity and integrity are no longer important, and need to shift to risk warning and decision support.
First of all, the irreversibility and timestamp of the blockchain can ensure that the data is not modified at will. In the blockchain system, the premise for each transaction to be valid is that the system reaches a consensus on the ownership of digital assets, and once reached, it cannot be modified. Reflected in the audit, after a transaction occurs and is recorded, if you try to modify it, subsequent accounting processing requires all blockchains to be modified, and it will be very difficult to falsify it.
Secondly, under the distributed accounting rules, transaction data is stored in each block, and each block is shared by traders and confirmers. If a block fails or is attacked, the chain will Other participants can still operate as usual and keep copies of the books recording complete data, which ensures the integrity of the accounting data.
In the audit work, as long as the transactions are verified for fraud, the authenticity and completeness audit objectives can be quickly achieved. For example, in traditional raw material audits, it is necessary to verify the invoices, inspections and warehousing of the procurement process. Now it is only necessary to verify the authenticity of the invoices and physical objects in the warehousing process, and other links can be omitted. For example, when department A picks materials, other departments will also record the quantity of materials picked by department A. If department A wants to modify its own quantity of materials, it needs to modify the records of all other departments at the same time, which is very difficult. This guarantees Authenticity and completeness of material collection records. Correspondence and verification of accounts receivable, accounts payable, and transactions can also be handled similarly.
In short, due to the non-modifiable and public nature of the blockchain, the correctness and legality of transaction rights and obligations, pricing, deadlines, posting and summary, classification, and disclosure can be effectively guaranteed. The focus of auditing should shift to in-process supervision, risk warning and decision-making support. For example, if certain monitoring and analysis indicators are set in the blockchain audit software, abnormal operating behavior of the audited unit can be discovered at any time to achieve ongoing supervision. Set thresholds for key indicators, such as automatic early warning when the bad debt rate of accounts receivable reaches 20%, reminding auditors of problems, changing regular audits to "all-weather" audits, and giving full play to the risk warning function. In addition, blockchain technology has an auxiliary decision-making function due to its large amount of data and data processing capabilities. During the audit process, blockchain data analysis capabilities can be used to traceTrace the recovery of accounts receivable and bad debts, and provide targeted improvement suggestions.
⑸ The investment value and security of blockchain
The investment value of blockchain
Blockchain is considered to be the most disruptive since the invention of the Internet technological innovation. Blockchain integrates multiple disciplines such as cryptography, economics, game theory, and computer science. It has the characteristics of irreversible transactions and non-tamperable data. It has commercial value in many fields. Its applied research has expanded to finance, energy, logistics, and education. , cultural and social services and other fields.
Blockchain technology will create opportunities for the development of new generation information technologies such as cloud computing, big data, Internet of Things, artificial intelligence, etc., and can comprehensively promote the upgrading of information technology and realize the leapfrog of the information industry. development.
Blockchain security
Privacy protection Cryptography ensures that unauthorized persons can access the data, but cannot parse it.
The resulting business features include trustworthiness: blockchain can provide a naturally viable distributed ledger platform without the need for additional third-party intermediaries;
Enhanced security: Blockchain technology is conducive to safe and reliable audit management and account settlement, reducing the possibility of crime and various risks.
⑹ Big data and blockchain technology are changing the accounting industry
As the most popular technologies at the moment, big data and blockchain have a very important impact on the reform of the accounting industry. . Big data technology has increased the amount of digitizable accounting information, enabled the digitization of original financial information and non-financial information, and expanded the management scope of financial personnel, especially senior financial personnel. In the process of informatization, accounting is faced with the fact that the reliability of accounting information cannot be guaranteed. The digitization of false accounting information will affect marketing management decisions. The birth of blockchain technology has solved the problem of the reliability of accounting data. question. The accounting industry must seize opportunities and actively use big data and blockchain technology to promote industry changes. At the same time, accounting practitioners must also adapt to industry changes by improving their professional qualities.
In terms of big data's accounting data information, due to the characteristics of big data itself, when companies involve big data analysis, they need more overall data rather than sampled data samples. They need data. The overall relationship rather than individual data to enhance the relevance of accounting data information. Accounting data information can be learned through big data platforms about the accounting treatment methods and accounting methods adopted by different companies for the same type of projects, making it easier to compare between companies. At the same time, under the background of big data, enterprises can process and transmit accounting data information in a timely manner through the Internet to ensure the timeliness of accounting data information.
Due to its "decentralization" idea, blockchain can be used to process accounting data and information, which can effectively ensure the correlation between data. At the same time, due to the trust-free nature of blockchain, Decentralization also strengthens information transmissionThe security in the transmission can prevent theft and tampering of information to the greatest extent, thereby solving the information security problem and ensuring the reliability and authenticity of accounting data information. At the same time, under blockchain technology, when there is a new update to the information, the information on all nodes will be updated and cannot be modified, making the information more timely. When the blockchain records information, users in the chain network need to confirm the authenticity of the accounting behavior. After recording, it cannot be modified. Each party maximizes the interests of the data, thus making some bad phenomena completely disappear.
Accounting has gone from traditional simple bookkeeping to today's reasonable tax payment. In the future, more aspects of management will be carried out through the management of financial data. Facilitated by big data and blockchain, the previous branches of accounting, financial accounting and management accounting, will merge. The new platform brought about by the introduction of big data technology and blockchain technology will allow accountants to not only become accounting experts, but also programmers for professional management of big data, that is, accounting talents with multiple types of auxiliary skills. , becoming a new accounting talent with outstanding value in the new era, will promote the accelerated integration of management accounting and financial accounting.
Big data and blockchain technology integrate accounting data information, increase the quantity of accounting information and ensure the quality of accounting information, making financial management capabilities an essential ability for accountants and senior accountants. Your management capabilities will be strongly highlighted. Accountants engaged in basic accounting work are also facing the test of changes in the accounting industry and need to master more management accounting and information decision-making.
Faced with massive amounts of accounting data, accounting practitioners need to master a variety of efficient data analysis methods through big data technology, comprehensively analyze and judge data information, so as to help enterprises make correct plans. Also propose problem-solving strategies. Accountants organically combine computer technology with accounting knowledge, and use big data and blockchain technology to gradually modify traditional account books into a new platform based on big data and blockchain technology.
⑺ How is the security of blockchain? What are the risks of blockchain?
The hottest topic at the beginning of the new year is blockchain, but there are many more. People are skeptical about its security and risks, so how about the security of blockchain? What are the risks of blockchain? Below we will give you the answers one by one. I hope it will be helpful to you after reading them.
How is the security of blockchain Anyuan?
First of all, blockchain is a distributed database technology. Distributed technology mainly refers to storage architecture. The distributed architecture adopted by the blockchain not only stores the ledger data on each node, but also each node must contain the data of the entire ledger. This completely distributed architecture brings extremely high security, and no one can destroy all nodes at the same time.
Secondly, blockchain technology can achieve tamper-proofing through "blocks" and "chains"change. The unit of data storage in the blockchain is the block. When each block is generated, it must contain the unique "characteristic value" of the previous block (which can be regarded as the ID card of the block). Each block is generated strictly according to the The order of time is lined up to form a "chain".
Security is a major feature of blockchain technology. However, from the perspective of privacy protection, the block chain emphasizes openness and transparency, and any node has the right to operate according to the consensus algorithm, so it is not suitable for scenarios where data privacy needs to be protected.
What are the risks of blockchain?
1. Technical risks: For example, the launch of Ethereum was once popular, but because it is a digital currency with smart contracts, it brings the risk of hacker attacks due to possible loopholes in smart contracts. THEDAO, the largest crowdfunding project in Ethereum, was hacked and lost more than $60 million.
2. Legal risks: The legality issues of digital currency issuance, notarization and confirmation of rights, and legality issues of proof, including legality issues of smart contracts, digital bills, accounting and liquidation, and equity crowdfunding, are currently in my country and The rest of the world is still legally blank.
3. Crime risks: Using digital currencies to abscond with the money, using digital currencies to launder money and illegal gambling, using smart contracts and digital bills designed to defraud profits, using blockchain technology to commit anonymous crimes, etc. Due to the current regulatory gap, there may be huge criminal risks.
The above is what the editor brings to you. How about the security of blockchain? What are the risks of blockchain? all content.
⑻ FISCO - Golden Chain Alliance creates a new era of public alliance chain
Public chain, alliance chain (permission chain) and private chain can be said to basically include the blockchain technology Three ways to use. In recent years, the planning, financing, development and ecological construction of the public chain can be said to have been carried out in a noisy manner. Some are real, and there are even more deceptions. It is noisy, noisy, muddy and sandy, and investors' money has really gone in. But not many are online, and the ecological construction of the few public chains that are online is also sparse. There are very few DApps, and the daily activity is even less. In short, not many current public chain projects can or are willing to survive. Ecological construction is even further away.
Private chains are self-built and internally run blockchain architectures of respective companies and institutions. Very little information is disclosed, but I believe that using your own money to do your own things and solve your own problems will not cause any problems. What a big deal.
The development of the alliance chain has always been low-key. Since blockchain technology was recognized by the mainstream economy and society, pragmatic mainstream economic institutions have been solidly carrying out research, development and application for about 4 years. During this period, the backbone of the alliance chain was formed, and another correct path was found for the implementation of blockchain applications and ecological construction. In a certain sense, the alliance chain has passed its infancy and has begun to solidly move towards the "public alliance chain" new era. The alliance chain naturally has a strong relationship with mainstream economic industry resources, which also determines the allianceChain’s mainstream status in the application prospects of blockchain technology.
With the dawn of the digital economy era and the popularization of distributed business models, blockchain technology has also been able to give full play to its advantages and become a representative of cutting-edge technology. In 2016, three companies, WeBank, a member of the Golden Link Alliance, Shanghai Wanxiang Blockchain, and Matrix Yuan, a member of Chinaledger, reached a strategic cooperation and jointly committed to exploring blockchain technology, and
The full name of Golden Link Alliance is Financial Blockchain Cooperation Alliance (Shenzhen). It was jointly established on May 31, 2016 by more than 20 financial institutions and technology companies including Shenzhen Financial Technology Association, Shenzhen Qianhai WeBank, and Shenzhen Securities Co., Ltd. Non-profit organization established. As an open organization, Financial Institutions that voluntarily abide by the charter and companies that provide technological services to financial institutions can apply to join. So far, members of the Golden Link Alliance include more than 80 institutions in six major industries including banks, funds, securities, insurance, local equity exchanges, and technology companies.
On November 26, 2016, Golden Link Alliance released the "Financial Distributed Ledger Proposal", proposing five major principles such as legal compliance, traceability, security, privacy protection, and business orientation, as well as a value alliance , autonomous and controllable, safe and trustworthy, efficient and available, business feasible, flexible configuration, intelligent supervision and other seven propositions.
Purpose: Integrate and coordinate financial blockchain technology research resources, form a synergy and coordination mechanism for financial blockchain technology research and application research, and improve the research and development capabilities of member units in the field of blockchain technology. Explore, develop, and implement financial alliance blockchain suitable for financial institutions, as well as application scenarios based on this.
The General Assembly of the Golden Chain Alliance is the highest authority; the permanent body of the General Assembly is the Presidium, which leads the alliance to carry out daily work during the intersessions of the General Assembly and is responsible to the General Assembly; the Presidium has a technical committee (chaired by Application project work), Standards Technical Working Committee (presides over the establishment, formulation, review and release of standards), Advisory Committee (organizes external experts to participate in technical and standards discussions).
Jinlianmeng has established research directions in the fields of credit, equity, points, insurance, bills, cloud services, digital assets, financial product issuance and trading, and some of the projects have now been implemented or products have been launched. prototype.
The FISCO BCOS underlying blockchain platform is jointly built by the FISCO open source working group. Members of the working group include Beyondsoft, Huawei, Shenzhen Stock Exchange, Digital China, Sifang Inextron, Tencent, WeBank and Yuexiu Jinke and other members of the Golden Link Alliance, aiming to create a secure and controllable blockchain suitable for the financial field. The underlying platform of the chain.
Financial services are one of the earliest application areas of blockchain. Blockchain technology brings advantages such as security and reliability, simplified processes, cost savings, reduced operational risks, and increased trust, and has the potential to reconstruct and sublimate the original financial industry infrastructure. The financial industry focuses on multi-party reciprocal cooperation and has strong supervision and high-level security requirements, which require node access and authority management. Therefore, the technical direction of the alliance chain has become the main choice for the financial industry.
At present, my country's financial industry is opening up to the outside world with unprecedented intensity, and the pace of financial innovation is also accelerating. Therefore, how to effectively balance the relationship between open innovation and risk prevention and firmly maintain the bottom line of no systemic risks is an important issue for the industry. challenges that urgently need to be addressed.
From the perspective of financial IT infrastructure, there are still some shortcomings and pain points in operational risks, moral risks, credit risks, information protection risks, etc.
First, financial IT system data may still be tampered with, forged, or have consistency differences.
Second, the infrastructure structures and business processes of different financial institutions are different, and even still involve many manual processes, which greatly increases operating costs and is also prone to operational risks and ethics. risk.
Third, financial business and financial cooperation may involve multiple participants or intermediaries, which can easily increase trust costs and friction costs. There are also certain issues of mutual trust, collaboration or cooperation reciprocity.
Fourth, financial business is often highly complex, and it is easy to miss records of all business elements. Sometimes it is difficult to trace the entire business process, and it cannot meet the needs of supervision and auditing.
Fifth, the data between different financial institutions are relatively independent, making it difficult to achieve safe and efficient interaction, resulting in high costs for repeated KYC, anti-money laundering, and anti-fraud, and also indirectly causing the loss of user data. Risk of disclosure by certain intermediaries.
Sixth, the availability and adaptability of centralized IT infrastructure are weak, and distributed technologies need to be used to improve robustness or adaptability.
As a combined infrastructure solution, blockchain technology can in principle respond to the needs of the financial industry. However, because the requirements of the financial industry are more diverse and strict, as a financial version of the blockchain solution, it needs to be based on the blockchain technology of the universal industry and according to the special business needs of financial institutions, existing technical levels, and laws and regulations. Requirements or conditions in other aspects shall be comprehensively considered from multiple dimensions such as business suitability, performance, security, policy, technical feasibility, operation and maintenance and governance, and cost.
First, the appropriateness of the business scenario. Not all financial business scenarios require the use of blockchain technology. Generally speaking, when it comes to scenarios involving multi-party participation and peer-to-peer cooperation, the traditional centralized system architectureIf organizations often find it difficult to meet demand, blockchain technology can be considered to increase multi-party mutual trust, improve business operation efficiency, and reduce business operation costs and friction costs.
Second, the performance of the blockchain system. Financial business often has characteristics such as massive transactions, high-frequency transactions, and timely confirmation. Therefore, the blockchain open source platform in the financial industry needs to analyze the business volume, potential business growth scale, and potential business growth scale that the blockchain system needs to support based on the current business scale of financial institutions. Technical performance index requirements such as concurrent business volume and response time. Since blockchain platforms using different technical modules, such as different consensus mechanisms, have greatly different performance support, it needs to be evaluated based on business performance requirements and combined with blockchain performance efficiency indicators.
Third, the security of the blockchain system. Blockchain can ensure the credibility of recorded data from a technical level and prevent data from being tampered with, forged and other risks. In addition, in terms of data sensitivity and security, it is necessary to evaluate the content encryption strength of the on-chain data, as well as access control, etc. Financial institutions need to choose mature, appropriate, and secure encryption algorithms based on the specific security requirements of their business.
Fourth, policy compliance. Blockchain is a set of technical solutions that, with reasonable design, can provide good support for existing businesses or complement existing centralized systems. However, when financial institutions use blockchain to conduct business, they must implement it within the country’s existing regulatory requirements and legal framework.
Fifth, technical feasibility. Blockchain technology has already been implemented in some financial scenarios, but it is still an emerging technology. It is necessary to fully evaluate the fit of the technology with specific businesses and its advantages and disadvantages compared with traditional systems before finally choosing the appropriate area. Demonstration and trial operation of the blockchain platform.
Sixth, operation and maintenance and governance capabilities. Since there are differences in operations and management between blockchain-based businesses and traditional centralized systems, and the continuous governance requirements of financial businesses are extremely high, corresponding planning and adjustments are required to evaluate the feasibility and sustainability of the new governance structure. , evaluate the impact of version iterations and the official launch of the system, monitor the operation of the blockchain system in real time, and ensure business controllability and financial environment stability.
Seventh, costs are controllable and economically feasible. Blockchain applications use technical features to solve specific problems in actual business. Applications that effectively solve pain point problems can bring great benefits to financial businesses, and the value of the application itself can also be revealed; on the contrary, if it cannot solve important problems in the industry , you need to face a trade-off between costs and benefits.
If a safe and reliable underlying financial blockchain platform can be built to meet the special needs of the financial industry, blockchain technology will be of great use in the financial industry.
For example, from the perspective of banking institutions, the key exploration direction is generally to apply blockchain technology to reduceClearing and settlement costs, improving middle and back-office operational efficiency, improving process automation and reducing operating costs, etc. In addition, in cross-border financial scenarios, blockchain can help realize ledger sharing among cross-border financial institutions, reduce reconciliation and settlement costs and dispute friction costs between cooperative banks, thereby improving the processing speed of cross-border business. and efficiency.
From the perspective of non-bank financial institutions, blockchain can be used to improve the authority of rights registration and information storage, reduce counterparty risks, solve data tracking and information anti-counterfeiting issues, and reduce audits. operating costs, etc.
From the perspective of financial regulators, blockchain provides regulators with consistent and easy-to-audit data. Through data analysis of inter-institutional blockchains, the audit process can be faster and more efficient than traditional audit processes. Precisely regulate financial operations. For example, in an anti-money laundering scenario, the balance and transaction records of each account are traceable, and no aspect of any transaction will be out of sight of supervision, which will greatly strengthen anti-money laundering efforts.
Designed an efficient, reliable, message communication protocol based on the blockchain network, referred to as Advanced Messenger On-chain Protocol AMOP (Advanced Messenger On-chain Protocol), focusing on the following functions:
Based on the blockchain network, it supports cross-bank and point-to-point real-time message communication;
Provides standardized interfaces for the interaction between off-chain systems and blockchain;
< br /> The blockchain system can actively call the business interface of the off-chain system;
The technical characteristics of this protocol are:
In the point-to-point blockchain network topology , plan node communication paths to ensure message reachability;
Can quickly sense node abnormalities in the blockchain network and automatically switch paths to resend messages;
In communication Encryption technology is used in the process to ensure privacy at the communication layer.
Designed the contract naming service CNS (Contract Name Service). The design goal of CNS is to name the correspondence between the business layer and smart contracts, so that the business layer no longer cares about the relevant contract addresses. Similar to DNS on the Internet, the use of domain names makes it easier for users to remember how to access a website, and also gives the website great flexibility in terms of clustering, migration and expansion.
Parallel PBFT consensus
Standard RAFT consensus
Parallel computing and hotspot account solutionCase
FISCO BCOS conducts in-depth exploration in data integration analysis, transaction control, identity authentication, etc., to meet the high standards of supervision, risk control and other aspects of the financial industry.
Risk data integration
Based on immutable, traceable, distributed and highly consistent data on the blockchain, regulatory agencies can be given sufficient and transparent information and transactions Participants, transaction details, transaction process and transaction history records are all recorded on the blockchain ledger, which can completely and properly preserve massive historical data, solve the problem of data islands, and meet the needs of structured, clear, accurate and complete risk data. requirements.
Risk modeling, analysis and prediction
Organically combine the data completed on the blockchain with big data mining, machine learning and other technologies, and then integrate market data, industry Data can be used to formulate more accurate risk models, improve risk prediction capabilities, and meet the requirements of comprehensive risk management of institutions.
Real-time transaction monitoring, reporting and interception
Identity recognition
Special Prize: ODRchain - a typical application of public consortium chain
The most high-profile champion project - ODRChain, is based on the FISCO BCOS underlying platform and uses blockchain technology to solve the pain points of traditional judicial processing of online disputes, such as the difficulty in verifying the authenticity of electronic data and the inability to digest a large and rapidly backlog of case disputes.
At present, ODRChain has shortened the time it takes for customers to go from clicking "one-click arbitration" to receiving the arbitration award, from the traditional arbitration process that lasted several months to about 7 days. , and the arbitration fees that originally cost tens of thousands of dollars have been reduced to a few hundred yuan. As of December 2018, ODRChain has completed the deposit of over 10 million contracts, involving hundreds of billions of funds.
First prize: JustSign - a white-box cryptographic algorithm that turns a mobile phone into a USB shield
The project that grabs the first prize in the competition - JustSign, is based on FISCO BOCS It is an electronic contract signing and certificate storage system. Its original JustKey white-box cryptographic algorithm realizes "mobile phone as USB shield", which solves the problem of limited compatibility of traditional CA, inability to protect key security on the mobile terminal, and vulnerability to attacks in centralized data storage. question.
Expert reviewers commented that electronic contracts involve complex legal relationships and ownership of interests, and it has long been difficult to achieve a balance between security, integrity and portability. The team’s original white-box cryptographic algorithm is really conducive to improving security in blockchain certificate storage scenarios.
Second Prize: MaterialInternet Trusted Internet Solution - The picture of smart life looks like this
The Internet of Things Trusted Internet Solution competed by Sichuan Changhong Security Laboratory depicts a smart home that requires almost no worries on your part. blueprint. When analyzing the blockchain technology behind it, team representatives said that an inter-enterprise cooperation alliance is established based on the alliance chain to open up the interconnection and mutual trust of IoT devices between different manufacturers, and based on insights into typical business scenarios of smart life, through smart contracts Implement smart terminal registration, scene rules, trust rules and linkage rules.
Expert judges of the competition believe that this project has practical hardware and scenarios in the field of Internet of Things, and is expected to further promote the implementation of application scenarios such as distributed AI assistants, resource sharing, life cycle management, and multi-channel payment. Truly usher in smart life.
Among the projects that won the third prize in the competition, they accurately targeted the characteristics of blockchain in terms of security and efficiency improvement, and provided practical solutions for the industries they represented. Tsinghua University The team of teachers and students found a new way to develop cross-layer full-stack blockchain security detection technology to protect other blockchain applications comprehensively, and its technical strength was highly praised by the judges.
The third prize winners were the trusted electronic certificate platform of Shenzhen E-Commerce Security Certificate Management Co., Ltd., the real estate registration platform of Wuhan Liandong Times Technology Co., Ltd., and Shandong Guanhai Data Technology Co., Ltd. The company's Rongcheng blockchain service platform, the livestock industry blockchain traceability of Quanliantong Co., Ltd., the tourism finance alliance platform of Shenzhen Youxun Information Technology Co., Ltd., and the copyright safe deposit box of Beijing FamilyMart Technology Development Co., Ltd.
Shanghai Jiuyaojiu Information Technology Co., Ltd.’s first-responder mutual aid first aid, “Yongteng Group My Innovate”’s HaveFund, Qianhai Life Insurance Co., Ltd.’s blockchain policy management, “Huazhong Technology The University's Guanshankou Hulu Brothers' Book Enjoying Campus and the Cloud Block project team's "Yun Block" account system also won the Outstanding Social Value Award, Outstanding Business Design Award, Outstanding User Value Award, Outstanding Creativity Award, and Outstanding Application Integration Award respectively.
Ma Zhitao, chairman of the Golden Alliance Technical Committee, elaborated on the concept of the “public alliance chain”. He believes that the alliance chain should achieve self-sublimation and should be able to evolve into an ecosystem that provides services to the public, that is, a "public alliance chain."
Different from the public chain project’s idea of “coming up with a plan first, raising funds, vigorously promoting it, raising the price, and finally investing in development”, the alliance chain project adheres to the idea of “investing in development first with its own funds” , go to the production environment to verify, accumulate real customers and users, run steady trials and errors, and finally carry out promotion and publicity.” However, due to the main focus on practical implementation and focusing on real applications, there is a lack of publicity, and we have no choice but to fall into the situation of "there are many people who have implemented it, but there are many people who are clamoring for it"The passive situation of "the good ones are few". Golden Link Alliance hopes that through this competition, the alliance chain project team will come to the stage to show the results, enhance the influence of the alliance chain, and let the public know more about the real application of the alliance chain project Implementation status and sustainable development.
⑼ If blockchain technology is used to audit food safety, what is the goal?
Maintain food safety. Blockchain technology further deepens the application of food safety The purpose of application in the field of safety is to effectively provide food safety guarantees, establish complete traceability of food safety issues, effectively help reduce consumer risks, and promptly help food companies recall problematic products in a targeted manner, avoiding the largest risks at the lowest cost. Risks.
⑽ Financial sharing, what impact will blockchain have on accounting theory and practice?
With the emergence of cryptocurrencies such as Bitcoin, this time-tested financial framework is completely Has the potential to be changed. Harnessing the power of blockchain, through the rise of this new data-based currency, the entire concept of money is being turned upside down. Even though our current understanding of money has changed over the past few decades changes, thanks to credit cards and fiat currencies, but cryptocurrencies are the logical next step in this evolution.
This is understandable for accountants, but what does it mean for entrepreneurs What? Well, anyone interested in starting or maintaining a successful business will need a competent accounting team. As the financial environment changes, so will the experience and insight required of business accountants. Understand what’s coming The coming paradigm shift can better help entrepreneurs future-proof their organizations and may even help them save money on accounting-related business expenses.
Bitcoin Modern Accounting Overview
Current Financial Paradigm Consider Bitcoin, Ethereum, and all other cryptocurrencies as assets. For example, in the United States, any form of cryptocurrency is considered property rather than currency. Although the IRS recognizes that Bitcoin can serve as a "medium of exchange," But since Bitcoin also typically functions as a "unit of account and store of value," it is not classified as a currency.
Due to this classification, changes in the value and volume of cryptocurrencies are taxed as capital Gain or loss. By mining or purchasing large amounts of Bitcoin, there will be an increase in capital, which will subject Bitcoin to capital gains tax. The same goes for trading or selling cryptocurrencies, as these events are considered taxable capital gains and losses. Therefore , accounting for holdings in Bitcoin or other high-end stocks is done in much the same way as other forms of equity, such as real estate or stocks.
Forecasts for the future of Bitcoin and accounting
As blockchain and cryptocurrencies gain legitimacy in the financial world, the nature of accounting for Bitcoin and other advanced currencies will also change. While many of the potential changes are too distant to accurately predict, one aspect of accounting is sure to change dramatically Changes will inevitably affect all entrepreneurs and business organizations. ThisThe aspect refers to: audit.
Here’s how blockchain and cryptocurrencies are being used to violently disrupt the audit process, and what does it mean for businesses that employ auditors? Since Bitcoin is currently classified as property subject to capital gains tax, the method of auditing its value is known as instant forensic analysis. However, the instant verifiability of blockchain technology makes this audit method obsolete.
As you track these changes and developments, discuss them with your organization’s accountant or financial advisor. They can help you understand the further implications of these events; in some cases, they can even show you what actions you can take to respond to these events, thereby increasing your profits, reducing your costs, and opening up new opportunities for your business. new development path.
On the other hand, if your accountants and auditors react with blank stares to your research, consider updating your finance team.
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