Authors: Associate Professor Dr. Shubham Tayal

Abstract: Cryptocurrency and blockchain technology have revolutionized the financial landscape, introducing decentralized and transparent mechanisms for transactions and data recording. This paper explores the potential applications and associated risks of cryptocurrency and blockchain in financial reporting. It provides a comprehensive analysis of the implications for stakeholders, regulatory challenges, and prospective advancements. Through a comparative study and statistical analysis, this research identifies critical areas of impact, enabling the formulation of actionable recommendations for integrating blockchain into financial reporting frameworks.

DOI: https://doi.org/10.5281/zenodo.17131264