Abstract

This study explores transparency of e-Invoicing systems through blockchain integration in Multinational Corporations. Against the backdrop of evolving global commerce and regulatory uncertainties, the study investigates the opportunities, challenges, and implications of integrating blockchain into financial processes. By leveraging frameworks such as the Technology Acceptance Model (TAM), the research examines factors influencing blockchain adoption behavior among Nigerian MNCs and provides recommendations for overcoming barriers to implementation. Through a comprehensive analysis of blockchain's decentralized ledger, cryptographic techniques, and smart contracts, the study highlights the potential of blockchain to enhance transparency, efficiency, and trust in e-invoicing systems. Drawing on insights from industry experts, regulatory bodies, and academic literature, the research offers practical strategies for Nigerian MNCs to traverse the complexities of blockchain adoption, including investment in education and training, collaboration with stakeholders, and continuous monitoring and evaluation. Ultimately, the findings contribute to advancing understanding of blockchain's transformative impact on financial transparency and its implications for sustainable development in Nigeria's business environment.