The Impact of Implementing Blockchain Technology on Accounting Operational Efficiency for Companies Listed on The Stock Exchange of Thailand
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Abstract
The purpose of this research was to study the effect of employing blockchain technology on the capability of accounting operations of companies listed on the Thai Stock Exchange. Data for this study was gathered from 106 directors of accounting and finance through questionnaires, with Cronbach’s alpha coefficients ranging from 0.700 to 0.833. Statistical analyses such as mean, standard deviation, multiple correlation analysis, and multiple regression analysis were used to investigate the data.
The results found that the application of blockchain technology in the context of decentralized network transfers and consensus system consent had an impact on accounting operations efficiency. The results can be used as a guideline for organizations to improve their accounting performance more effectively.
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