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Research on Optimization of Financial System of SMEs Based on Blockchain Technology

Blockchain, as a technology and tool for strengthening social trust and improving social relations, has the application prospect of changing the world. The application of blockchain in the field of accounting has also started, and it will bring great changes to the business of accounting and accountancy supervision. Small and medium-sized enterprises (hereinafter referred to as “SME”), as the pillar of social economy, should build decentralized, trusted, automated and modular financial systems based on blockchain technology which are according to their specific and actual needs.