Through the blockchain database, units do not need a third-party application to provide cybersecurity and verification of transactions such as order, payment or service transfer. The trust protocol created with blockchain components offers a condition that provides a reliable, transparent and accountable advantage. Blockchain technology forms the basis of data security and transparency, thanks to distributed databases as opposed to centralized structures. With the development of internet technologies, communication has become much easier, the interaction of people with each other has increased and an increasingly interconnected society has formed. Nowadays, it is seen that artificial intelligence technologies such as smart phones, internet of things, smart contracts, which are developed depending on the blockchain, are rapidly becoming widespread. With the inclusion of these technologies in daily life more in the near future, it is thought that the blockchain will be an effective tool to increase the power of the network between people, applications and objects.
This study focuses on the effects of blockchain technology on accounting and auditing. Blockchain technology brought a different perspective to accounting and brought a three-sided registration system to the agenda. This does not mean that the double-sided registration system, which has been used for years, should be abandoned and the current practice should not be concluded as unnecessary. This only ensures that new roles are given to the accounting and auditing field within the technological developments. All events are included as part of the chain in accounting transactions that are connected to the Internet. This shows that it ensures the preparation of financial statements that are safe and that minimize errors and cheating for individuals and organizations who want to obtain information from accounting. Thus, it helps them to fulfill the main objectives of the audit.