The Role of Triple Entry Theory in the Development of Accounting Services Using the Blockchain Platform

Blockchain technology was introduced as an online information program that helps maintain recorded operations without allowing manipulation and allows for a secure exchange of information, funds, or posts. Central to follow the movement of transactions between the parties concerned directly with each other (peer to peer) without the need for third-party intervention such as banks or intermediaries, as the real intermediary is millions of computers connected to the series, which move between them in an encrypted and secure way documented until they reach the other party, with the assurance that there is no manipulation or falsification during the transaction, and so this technique has an impact on the different sciences and the size and nature of this effect is determined by the nature of the profession. This technique can have a clear impact on the accounting profession because it is one of the social sciences affected in the surrounding environment, in addition to the fact that the services provided by this profession are useful information that helps to rationalize different decisions as well as include economic events that occur mostly between the parties of the seller and the buyer.