Opportunities and challenges of using blockchain technology in government accounting in Brazil

New technologies lead to significant changes in how public and private organizations structure their processes and activities. This study aims to identify the challenges and opportunities of using blockchain technology in government accounting in Brazil. This is a descriptive research using quantita...

Descripción completa

Guardado en:

Detalles Bibliográficos
Autores principales:	Paula Raymundo Prux, Fernanda da Silva Momo, Claudia Melati
Formato:	article
Lenguaje:	EN
Publicado:	Associação Nacional de Pós-Graduação e Pesquisa em Administração (ANPAD) 2021
Materias:	government accounting blockchain opportunities challenges Business HF5001-6182
Acceso en línea:	https://doaj.org/article/dab58c15fdad45f2aeda5c04de9a8c11
Etiquetas:	Agregar Etiqueta Sin Etiquetas, Sea el primero en etiquetar este registro!

id	oai:doaj.org-article:dab58c15fdad45f2aeda5c04de9a8c11
record_format	dspace
spelling	oai:doaj.org-article:dab58c15fdad45f2aeda5c04de9a8c112021-11-19T13:40:44ZOpportunities and challenges of using blockchain technology in government accounting in Brazil1807-769210.1590/1807-7692bar2021200109https://doaj.org/article/dab58c15fdad45f2aeda5c04de9a8c112021-10-01T00:00:00Zhttps://bar.anpad.org.br/index.php/bar/article/view/528https://doaj.org/toc/1807-7692New technologies lead to significant changes in how public and private organizations structure their processes and activities. This study aims to identify the challenges and opportunities of using blockchain technology in government accounting in Brazil. This is a descriptive research using quantitative and qualitative data, collected through a questionnaire applied to a non-probabilistic sample of 94 professionals. The data were submitted to descriptive statistical analysis and content analysis, based on seven categories: technology, government accounting, security, transparency, control, change, and knowledge. For 89.4% of respondents, blockchain can improve government accounting and be applied to financial transactions, auditing, and asset transfers. The technology offers the benefits of trust and control, information security, and control against fraud and corruption. For 98.9% of the sample, the challenges of using blockchain technology in government accounting are the lack of knowledge about the technology and its cost-benefit and implementation, difficulties in replacing or adapting systems, and few blockchain use cases demonstrating the technology’s use and application.Paula Raymundo PruxFernanda da Silva MomoClaudia MelatiAssociação Nacional de Pós-Graduação e Pesquisa em Administração (ANPAD)articlegovernment accountingblockchainopportunitieschallengesBusinessHF5001-6182ENBAR: Brazilian Administration Review, Vol 18, Iss Spe, Pp e200109-e200109 (2021)
institution	DOAJ
collection	DOAJ
language	EN
topic	government accounting blockchain opportunities challenges Business HF5001-6182
spellingShingle	government accounting blockchain opportunities challenges Business HF5001-6182 Paula Raymundo Prux Fernanda da Silva Momo Claudia Melati Opportunities and challenges of using blockchain technology in government accounting in Brazil
description	New technologies lead to significant changes in how public and private organizations structure their processes and activities. This study aims to identify the challenges and opportunities of using blockchain technology in government accounting in Brazil. This is a descriptive research using quantitative and qualitative data, collected through a questionnaire applied to a non-probabilistic sample of 94 professionals. The data were submitted to descriptive statistical analysis and content analysis, based on seven categories: technology, government accounting, security, transparency, control, change, and knowledge. For 89.4% of respondents, blockchain can improve government accounting and be applied to financial transactions, auditing, and asset transfers. The technology offers the benefits of trust and control, information security, and control against fraud and corruption. For 98.9% of the sample, the challenges of using blockchain technology in government accounting are the lack of knowledge about the technology and its cost-benefit and implementation, difficulties in replacing or adapting systems, and few blockchain use cases demonstrating the technology’s use and application.
format	article
author	Paula Raymundo Prux Fernanda da Silva Momo Claudia Melati
author_facet	Paula Raymundo Prux Fernanda da Silva Momo Claudia Melati
author_sort	Paula Raymundo Prux
title	Opportunities and challenges of using blockchain technology in government accounting in Brazil
title_short	Opportunities and challenges of using blockchain technology in government accounting in Brazil
title_full	Opportunities and challenges of using blockchain technology in government accounting in Brazil
title_fullStr	Opportunities and challenges of using blockchain technology in government accounting in Brazil
title_full_unstemmed	Opportunities and challenges of using blockchain technology in government accounting in Brazil
title_sort	opportunities and challenges of using blockchain technology in government accounting in brazil
publisher	Associação Nacional de Pós-Graduação e Pesquisa em Administração (ANPAD)
publishDate	2021
url	https://doaj.org/article/dab58c15fdad45f2aeda5c04de9a8c11
work_keys_str_mv	AT paularaymundoprux opportunitiesandchallengesofusingblockchaintechnologyingovernmentaccountinginbrazil AT fernandadasilvamomo opportunitiesandchallengesofusingblockchaintechnologyingovernmentaccountinginbrazil AT claudiamelati opportunitiesandchallengesofusingblockchaintechnologyingovernmentaccountinginbrazil
_version_	1718420099571908608

Opportunities and challenges of using blockchain technology in government accounting in Brazil

Ejemplares similares