Digital Modernization of Accounting in the System of Ferrous Scrap Turnover on the Domestic Resource Market

Abstract

Despite restrictive measures against Russian business, there remains a tendency to increase the volume of collection and consumption of scrap metal in the Russian Federation and most developed countries of the world. The revealed processes associated with the collection and consumption of scrap metal in Russia in 2011–2021 confirmed the positive prospects for the development of an independent resource industry for metallurgy in the medium term. This trend necessitated digital modernization of the existing domestic scrap collection–scrap consumption accounting system using a blockchain technology with automatic generation of a QR code for each batch of scrap metal. The architecture of a system with the main functional blocks of a digital platform is presented, and a scheme for administering data on the movement of scrap metal batches in a system with a QR code generator is developed. As a result, the document flow and the administrative costs for tracking the movement of material and cash in complex supply chains of goods and services are significantly reduced. In addition, the performance of control functions by managers of companies and various fiscal authorities participating in the resource business process is substantially facilitated.