Blockchain-Based Financial Control System

In order to solve the problems of data security and low efficiency of information transmission in traditional financial control systems, this paper discusses in depth the application of blockchain technology in financial control systems. In order to optimize the performance of the traditional financial control system, this paper introduces blockchain technology into it and analyzes the structure and function of the financial control system. By constructing a blockchain-based financial data collection, information exchange and security consensus mechanism, a more efficient financial control system is designed, which can significantly improve the cost efficiency, shorten the audit cycle and enhance the data security. In the model, resource allocation within the financial control system is optimized, information exchange is more efficient, and a consensus mechanism is established. The experimental results prove that the model simplifies data entry and storage, reduces the workload of financial staff and improves transparency. The study bridges the gap between blockchain and traditional financial frameworks and advances the development of modern financial control systems.

@article{Lu2024,
  title     = {Blockchain-Based Financial Control System},
  journal   = {International Journal of Advanced Computer Science and Applications},
  volume    = {15},
  number    = {12},
  year      = {2024},
  publisher = {The Science and Information Organization},
  author    = {Tedan Lu},
  doi       = {10.14569/IJACSA.2024.0151279},
  url       = {https://doi.org/10.14569/IJACSA.2024.0151279}
}