Application Research Of Blockchain Technology In Heng Sheng Electronics Internal Control

In the modern economic market environment,listed companies in the capital market will make investments and mergers and acquisitions in order to maintain their position and expand their territory,and will formulate their strategic objectives and layout for the next few years,it has an instinctive demand for information acquisition costs and for data to be true,valid and available.And blockchain technology has attracted attention from all sides in recent years,and has become the most popular technology in the field of Internet financial science and technology.Not only has it exerted its advantages in many fields,but it has also played an important role in solving the problems of corporate fraud exposed today,raise a new possibility.Blockchain is a kind of data storage method,which takes the time order as the anchor point,packs the transaction data into the block form,simultaneously uses the cryptography to carry on the encryption to the data,achieves can not tamper with the data arbitrarily the goal.This paper selects the case study object is the Representative Hang Seng Electronics Company.The establishment of enterprise internal control based on block chain technology,that is,the use of block chain technology in enterprise internal control,so that the enterprise internal control in compliance with the five types of internal control objectives,the five elements have been improved,the efficiency of data utilization has been improved,and the feasibility and necessity of applying blockchain technology to enterprise internal control are obtained,which is worth spreading.In this paper,the six main characteristics of enterprise blockchain application technology-including decentralization,self-trust,collective responsibility for maintenance,being free to tamper with,fairness and transparency,and privacy rights are strictly protected-are studied in depth,and the practical application prospect of enterprise blockchain application technology in China’s enterprise internal risk control system is utilized,and the technological process mechanism is discussed in depth by adopting the research method of enterprise theoretical data analysis and enterprise case experience research.This paper collects and sorts out relevant literatures on blockchain technology at home and abroad,and summarizes the research attitudes and conclusions of domestic and foreign scholars on blockchain technology.In the literature review part,from the existing problems of traditional internal control,taking the concept and advantages and disadvantages of blockchain technology as the breakthrough point,it analyzes the effect of applying blockchain technology to internal control of enterprises,and draws a conclusion of literature review: the data of internal control of enterprises are easy to tamper with,lost and difficult to share,while the intervention of blockchain technology can well maintain and solve related problems,thus making the financial level of enterprises stable and stable.Although it is difficult to apply blockchain technology in internal control of enterprises,and it is necessary to invest more in exploration and explore more functions,the prospect of blockchain technology application and internal control of enterprises is optimistic.Introduction of related theories involved in the application of blockchain technology in enterprise internal control.Summarize the characteristics of internal control of financial IT enterprises and its limitations,and then compare the advantages of blockchain technology in internal control of enterprises,and introduce the advantages of blockchain technology and internal control under blockchain technology respectively.Using case analysis method,this paper introduces the General Situation of Hang Seng Electronics Company,the strategic layout and organization structure of the Industry in which Hang Seng Electronics Company is located,and the development process of Hang Seng Electronic blockchain technology,we can see the technical basis of Hang Seng Electronics in the Blockchain,the status of the application of blockchain in the internal control of Hang Seng Electronics,comparing the positive effects of blockchain technology on internal control in five aspects: Internal Environment,risk management,control activities,information and communication,and Monitoring,the problems solved by Hang Seng Electronics in internal control based on blockchain technology,hang Seng Electronics Technology in the direction of the blockchain is very outstanding,is tested by the market,it is worth the use and experience of other enterprises.Conclusion and enlightenment.Through research,it is found that the internal risk control of enterprises based on blockchain technology represented by Hang Seng Electronics Co.,Ltd.,although these technologies will impact the organization and structure of enterprises and bring investment risks to enterprises,if the blockchain technology is used,the advantages of internal control of enterprises outweigh the disadvantages.It can effectively use business tracking and intelligent contracts,risk control in advance and in the event,and the core authorization mechanism to eliminate the "time difference" of information sharing,real-time interaction of transaction information,financial sharing and industry financial integration,strengthen supervision and optimize the five basic elements,and solve a series of problems such as information asymmetry in the traditional supply chain,improve audit quality and the construction of supervision system.Shaping credible data is important for the establishment of enterprise internal control,the improvement of blockchain technology foundation and the construction of internal audit system.With the development of science and technology,blockchain technology has expanded the popularization scope of enterprise internal control,making the advantages of blockchain technology reach the best benign prospect.Problems such as improving information quality and the construction of audit supervision system have created a good prospect of establishing dynamic internal control,perfecting blockchain technology foundation and building and perfecting internal audit system for enterprise internal control with trusted data.It is expected that blockchain technology will be popularized in enterprise internal control through the development of science and technology,and the advantages of blockchain technology will reach the best state.