Research on Optimizing University Financial Budget Management with Blockchain Technology
In response to the problems in financial budget management in universities,such as low efficiency and data distortion,this article proposes a path to optimize financial budget management in universities using blockchain technology.At the application,a decentralized financial budget management platform with features such as smart contracts and cross functional integration can achieve more efficient and reliable financial budget process management;at the business,the decentralization,immutability,and smart contract mechanism of blockchain technology can promote the intelligence and automation of budget preparation,execution and adjustment;at the data,the distributed storage,encrypted security and data traceability features of blockchain technology can provide universities with more secure,complete,and transparent financial management solutions.The application of blockchain technology brings revolutionary upgrades to financial budget management in universities,which can solve pain points in financial budget management and promote optimization of financial budget management in universities.