This paper focuses on the application of blockchain technology in improving financial transparency. With the development of the economy, the importance of financial transparency has become increasingly prominent, while the traditional financial management methods have problems such as information asymmetry. The decentralization, non-tampering and traceability of blockchain technology make it possible to solve these problems. This paper discusses the help of blockchain technology to improve financial transparency and expounds the application of blockchain technology in the financial field through the automation and transparency of financial audit, the real-time and accuracy of financial report and the optimization and transparency of asset management. At the same time, the case and practical results of blockchain technology in improving financial transparency are expounded through the case of improving government policies and supervision and the practice of promoting transparency in industry collaboration. Finally, the relevant summary is made, which mentions that with the continuous development and improvement of blockchain technology, its application in the financial field will create a more transparent and efficient financial management environment for enterprises and promote the innovation and development of the financial industry.
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Share and Cite
Zhang C. (2025) Exploration on the Application of Blockchain Technology in Improving Financial Transparency. Hong Kong Financial Bulletin, 2025, 1(1):1-9.