Blockchain Applications in Teaching Transaction Recording

Abstract

Blockchain technology has transformed financial recordkeeping by introducing distributed, immutable, and verifiable transaction systems. While businesses adopt blockchain for auditing, supply chain management, and digital payments, higher education still relies heavily on traditional ledger-based teaching methods. This paper explores how blockchain tools can be integrated into accounting education to enhance conceptual understanding of transaction recording, internal controls, and audit trail verification. The study proposes an educational framework incorporating smart contracts, tokenized transactions, and blockchain-based accounting simulations. Results demonstrate improved learner engagement, transparency in double-entry logic, and enhanced readiness for real-world digital accounting environments. Challenges include high technical infrastructure demand, lack of instructor readiness, and curriculum alignment constraints.