Focal Interest
Focal Interest
AI Summary of Peer-Reviewed Research

This page presents an AI-generated summary of a published research paper. The original authors did not write or review this article. [See full disclosure ↓]

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Blockchain linked to greater accounting transparency in Indonesia

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Research area:Business, Management and AccountingBlockchainTransparency (behavior)

What the study found

Blockchain was described as a way to improve accounting transparency in Indonesia through three main mechanisms: triple-entry accounting, real-time audit automation, and reduced information asymmetry.

Why the authors say this matters

The authors say this matters because financial scandals have undermined public trust, and they suggest blockchain may help transform financial reporting. They also conclude that clearer audit standards for on-chain digital evidence could help accelerate the national digital accounting ecosystem.

What the researchers tested

The researchers conducted a systematic literature review using the PRISMA 2020 protocol. They analyzed 42 high-quality articles from Scopus, Sinta, and Garuda databases covering 2016–2026, and assessed them with the JBI Critical Appraisal instrument.

What worked and what didn't

The review found that triple-entry accounting adds a cryptographic verification layer for each transaction, which the abstract says supports immutability and reliability. It also reports that smart contracts can reduce agency costs by automating compliance processes, but adoption is still limited by high investment costs, gaps in accounting competencies, and infrastructure limitations outside urban areas.

What to keep in mind

The abstract presents a literature review, not direct implementation results from one organization or system. It does not provide detailed evidence on the effectiveness of specific deployments, and it notes that barriers remain significant.

Key points

  • The review links blockchain to accounting transparency in Indonesia.
  • Three mechanisms are highlighted: triple-entry accounting, real-time audit automation, and reduced information asymmetry.
  • Smart contracts are described as reducing agency costs by automating compliance processes.
  • Barriers include high investment costs, competency gaps, and infrastructure limitations outside urban areas.
  • The authors recommend specific audit standards for on-chain digital evidence.

Disclosure

Research title:
Blockchain linked to greater accounting transparency in Indonesia
Authors:
Arif Rahman Hasdik, Andi Muhammad Syukur Hidyatullah, Nadya Annisa Nasaruddin
Institutions:
State University of Makassar
Publication date:
2026-04-07
DOI:
10.55942/pssj.v6i4.1745
OpenAlex record:
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AI provenance: This post was generated by OpenAI. The original authors did not write or review this post.

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