Oleksandr Melnychenko, Roman Hartinger


The invention of the blockchain technology can be equated with  the invention of the writing or Internet network, considering their major role in the communication between individuals as well as legal persons, regarding information transfer, money transfer etc. The authors analyse the technology, the implemented and projected examples of its use, its relationship with accounting and auditing as well as its influence on the development of these economic sciences.

The development of accounting and auditing is linked to the development of modern technologies. Nowadays, according to the technological progress the role of blockhain technology is constantly increasing. Blockhain is a distributed database that maintains a continuously-growing list of data records secured from tampering and revision. Blockchain can be used in financial and banking sectors first of all, but also in e-government and administrative sectors.

The implementation of blockchain technologies in accounting and auditing doesn’t change their fundamental principles but increases the auditing capacities. In some countries blockchain is adopted for auditing as a practical matter, including the national level.


blockchain; accounting; auditing; information; trust


Адриано, А., Монро, Х. (2016). Интернет доверие. Финансы и развитие, 44-47. URL:

Blockchain Technology. A game-changer in accounting? – Електронний ресурс. – Режим доступу:

Canada Has Been Experimenting With A Digital Fiat Currency Called CAD-COIN – Електронний ресурс. – Режим доступу:

Conceptual Framework for Financial Reporting. – Електронний ресурс. – Режим доступу:

Deep Shift Technology Tipping Points and Societal Impact. World Economic Forum, 2015. – Електронний ресурс. – Режим доступу:

Dźwigoł, H. (2015). Business Management. Oxford: Alpha Science International Ltd.

Dźwigoł, H. (2014). Menedżerowie przyszłości a zarządzanie strategiczne. Zeszyty Naukowe Politechniki Śląskiej, Organizacja i Zarządzanie, 70, 93-104. [in Polish].

Dźwigoł, H. (2010). Podejście systemowe w procesie restrukturyzacji przedsiębiorstwa. Gliwice: Wydawnictwo Politechniki Śląskiej. [in Polish].

Dźwigoł, H. (2013). Zarządzanie przedsiębiorstwem w warunkach XXI wieku. Gliwice: Wydawnictwo Politechniki Śląskiej. [in Polish].

e-Auction project. – Електронний ресурс. – Режим доступу:

Estonian citizens will soon have the world’s most hack-proof health-care records. – Електронний ресурс. – Режим доступу:

Estonian Government Partners with Bitnation to Offer Blockchain Notarization Services to e-Residents. – Електронний ресурс. – Режим доступу:

Feature Interview: Lasha Antadze on Ukraine's Blockchain-Powered State Property Auction System. URL:

Republic Of Georgia To Pilot Land Titling On Blockchain With Economist Hernando De Soto, BitFury. URL:

Krah, E.-S. (2016). Wie Banken von der Blockchain profitieren. – Електронний ресурс. – Режим доступу:

Kvilinskyi, O.S. (2012). Formuvannia dodatkovykh perevah funktsionuvannia ta rozvytku malykh pidpryiemstv [Formation of Additional Benefits of Operation and Development of Small Enterprises]. Economy of Industry, 3-4(59-60), 140-147. [in Ukrainian].

Mougayar, W. (2016). The Business Blockchain: Promise, Practice, and Application of the Next Internet Technology. – Wiley; 1 edition (May 9, 2016), 208 p. – ISBN: 978-1-119-30031-1.

Spoke, M. (2015). How Blockchain Tech Will Change Auditing for Good. – Електронний ресурс. – Режим доступу:

Ulieru, M. (2016). Blockchain: what it is, how it really can change the world. – Електронний ресурс. – Режим доступу:


  • There are currently no refbacks.

Copyright (c) 2016 Oleksandr Melnychenko

Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License.

ISSN (Print) : 2449-7320

ISSN (Online) : 2449-8726