Document Type : Original Research


1 Department of Financial Accounting, Arya Shimi Rayka, Tehran, Iran

2 Department of Industrial Management, Allameh Tabataba’i University, Tehran, Iran


In the accounting position, there has been a great deal of spotlight on the utilization of blockchain innovation, particularly in developing countries, where apparently remarkable assumptions ought to be acknowledged in the near future. The objective of this study is to recognize the prerequisites that should be met for the effective execution of blockchain innovation in developing nations. Our study was directed with regard to Iran, a developing nation. A qualitative research method (thematic method) was employed for this study, with the statistical population comprising blockchain, information technology, and accounting specialists in Iran. By using purposeful and snowball sampling techniques, we collected a total of 20 samples. We conducted semi-structured interviews to gather data for later analysis. The result of this study revealed that IT infrastructure, institutional, social, strategic, and organizational requirements are all crucial prerequisites for the successful deployment of blockchain technology in the accounting industry in developing countries. The study offers a blockchain implementation roadmap for the accounting industry.


Main Subjects

©2023 The Author(s). This is an open access article distributed under the terms of the Creative Commons Attribution (CC BY 4.0), which permits unrestricted use, distribution, and reproduction in any medium, as long as the original authors and source are cited. No permission is required from the authors or the publishers.

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