Improving the Application of Blockchain Technology for Financial Security in Supply Chain Integrated Business Intelligence

Abstract

For major organizations, establishing financial shared service centers to unify the financial activities of entities in multiple countries and regions for bookkeeping and reporting has become the trend for financial and management optimization. Based on this, this paper selects security company A as a case study, introduces the emerging blockchain technology (BCT) as the core and embeds it into the concept of financial shared center, tries to explore a new model of financial shared service model under BCT from the theoretical perspective, and optimizes the original service model by improving its business process, creating visualized, supervisible, and traceable financial data processing capability, and expanding. This paper first examines the financial shared service model of Company A. This paper starts with the actual situation of Company A’s financial shared service model. Complex procedures, highly centralized information, unreasonable division of labor in corporate processes, and a lack of adequate information communication methods are discovered through process analysis. New requirements for accountants have emerged in the digital age, and the security protection of private keys in asymmetric encryption algorithms in organizations, particularly in large and medium-sized enterprises, must be done well.