Auditing Blockchain Innovations: Technical Challenges Beyond Traditional Finance

Computer Science > Cryptography and Security [Submitted on 27 Mar 2026] Auditing Blockchain Innovations: Technical Challenges Beyond Traditional Finance Shayan Eskandari, Leid Zejnilovic, Jeremy Clark Blockchain technology introduces asset types and custody mechanisms that fundamentally break traditional financial auditing paradigms. This paper presents an autoethnographic analysis of cryptoasset auditing challenges, build on top of prior research on a comprehensive framework addressing existence, ownership, valuation, and internal control verification. Drawing from lived experience implementing blockchain systems as an engineer, smart contract auditor, and CTO of a publicly traded cryptoasset firm, we demonstrate how autoethnographic methodology becomes necessary for understanding technical complexities that external analysis cannot capture. Through detailed examination of token airdrops, multi-signature smart contracts, and real-time on-chain reporting, we provide experimental approaches and common scenarios that auditing firms can analyze to address blockchain innovations currently considered technically insurmountable. Comments: 6 pages, short paper, 4 figures, Blockchain Confluence, IEEE International Conference on Distributed Ledger Technologies Subjects: Cryptography and Security (cs.CR); Emerging Technologies (cs.ET); General Economics (econ.GN) Cite as: arXiv:2603.26361 [cs.CR]   (or arXiv:2603.26361v1 [cs.CR] for this version)   https://doi.org/10.48550/arXiv.2603.26361 Focus to learn more Submission history From: Shayan Eskandari [view email] [v1] Fri, 27 Mar 2026 12:41:24 UTC (486 KB) Access Paper: HTML (experimental) view license Current browse context: cs.CR < prev   |   next > new | recent | 2026-03 Change to browse by: cs cs.ET econ econ.GN q-fin q-fin.EC References & Citations NASA ADS Google Scholar Semantic Scholar Export BibTeX Citation Bookmark Bibliographic Tools Bibliographic and Citation Tools Bibliographic Explorer Toggle Bibliographic Explorer (What is the Explorer?) Connected Papers Toggle Connected Papers (What is Connected Papers?) Litmaps Toggle Litmaps (What is Litmaps?) scite.ai Toggle scite Smart Citations (What are Smart Citations?) Code, Data, Media Demos Related Papers About arXivLabs Which authors of this paper are endorsers? | Disable MathJax (What is MathJax?)