Impact of Blockchain Technology on Financial Auditing in Colombia

The present scientific article explores the impact of Blockchain on financial auditing in the industrial sector of Duitama, Boyacá. It addresses the problem of traditional auditing and how this innovative technology can provide solutions to enhance transparency, security, effectiveness, and efficiency in the processes of accounting and financial verification in companies. This technology helps financial auditing to achieve greater control and verification of movements and transactions, allowing them to be checked in real-time and making them difficult to modify without first notifying all participants in this security chain. Supported by network nodes, it enables different devices within the same company to connect, exchange information, and perform tasks more quickly and accurately. This prevents financial fraud and information evasion, providing security and transparency in report delivery, and contributing to the decision-making processes of a company, its shareholders, and its final customers.