Case Study On The Application Of Blockchain In Large State-Owned Enterprise

As an important part of China's economy,large state-owned enterprises are the lifeline of the national economy.Nowadays,with the deepening integration of the world economy,the global market puts forward a stricter regulation in the supervision of the accounting information of large state-owned enterprises.Some effective reforms have been applied to improving the quality of accounting information in light of market conditions and policy changes,contributing to certain positive results.However,some problems also emerge in the construction and operation of the accounting information supervision mechanism.For example,the quality of accounting information of large state-owned enterprises is still difficult to guarantee,and the information lack accuracy.Thus,actively exploring and improving the quality of accounting information and enhancing the confidence of the public on the large state-owned enterprises has become a critical issue in the current financial work of large state-owned enterprises.Blockchain is an innovative algorithms for data transmission and storage,encryption algorithms and consensus mechanisms with many excellent properties,such as decentralization,high security,high efficiency and convenience.These properties make it a potential technical solution for various problems,which has caused extensive attention all over the world in all sectors of society.Since 2015,the blockchain is in the rapid development period.The acceleration of the exploration for blockchain technology has provided extensive possibility for solving the intractability financial issue in large state-owned enterprises.In this paper,the current requirement on the accounting information quality is analyzed,with emphasis on the detailed situation in the large state-owned enterprises.The blockchain technology is introduced and the feasibility and limitation on the financial issue in large state-owned enterprises are discussed.Combined with the case,this paper focuses on the analysis of the accounting information system based on “Jing Gang Cloud”,which is used in enterprise purchase and sales systems,alliance chain systems,private chain systems,etc.The operation process under the application scenarios of “Jing Gang Cloud” is studied in detail.These results give a multi-dimensional perspective on the blockchain,and offers effective information for optimizing the accounting information system model of large state-owned enterprises.The case analyses provide important information for improving the quality of accounting information of large state-owned enterprises and will promote the long-term stable development of the economy.