Title: Accounting and non-financial firm data tokens in permissioned DLT networks

Authors: Eva María Ibáñez

Addresses: Department of Business Economics and Accounting, Faculty of Economics and Business, National Distance Education University (UNED), Paseo Senda del Rey 11, 28040 Madrid, Spain

Abstract: We herein explore the usefulness of blockchain permissioned distributed-ledger networks for accounting and registration of financial and non-financial data, aiming to gain efficiency in inner and external audit processes. We also outline the main obstacles still impeding the generalisation and scalability of this kind of project and the corresponding distributed exchange of data tokens within this field, emphasising the benefits for stakeholder integration brought by smart contracts deployed in public permissioned blockchains, from the viewpoint of the audit profession.

Keywords: blockchain; distributed ledger technology network; accounting-data tokens.

DOI: 10.1504/IJIPM.2021.113358

International Journal of Intellectual Property Management, 2021 Vol.11 No.1, pp.54 - 62

Received: 30 Aug 2019
Accepted: 06 Dec 2019
Published online: 01 Mar 2021 *

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