Proceedings of the Fifth International Conference on Economic and Business Management (FEBM 2020)

Research on the Application Value of Blockchain to For-Profit Pension Institutions: Focus on Blockchain’s Impacts on Service Mode Upgrading Process

Authors
Dongchen Gong, Gongrang Zhang
Corresponding Author
Dongchen Gong
Available Online 14 December 2020.
DOI
10.2991/aebmr.k.201211.053How to use a DOI?
Keywords
For-profit pension institutions, blockchain, credibility
Abstract

Compared to public pension institutions, for-profit pension institutions are less accepted by consumers in China, which causes a lot of deficits to these private institutions. For dealing with this problem, we made this research. In this paper, we firstly found out why public institutions are much more popular, how for-profit pension institutions tackled the issue and revealed the defects of existing service mode updating schemes they applied. Then we analysed the features of blockchain and proposed schemes based on blockchain, in this part we explained why blockchain is worthy to for-profit pension institutions. At last we construct a two-market model, with the help of it we demonstrated the importance of the blockchain, it showed that blockchain’s features can make great impacts on service modes upgrading process of for-profit pension institutions.

Copyright
© 2020, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the Fifth International Conference on Economic and Business Management (FEBM 2020)
Series
Advances in Economics, Business and Management Research
Publication Date
14 December 2020
ISBN
978-94-6239-296-0
ISSN
2352-5428
DOI
10.2991/aebmr.k.201211.053How to use a DOI?
Copyright
© 2020, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Dongchen Gong
AU  - Gongrang Zhang
PY  - 2020
DA  - 2020/12/14
TI  - Research on the Application Value of Blockchain to For-Profit Pension Institutions: Focus on Blockchain’s Impacts on Service Mode Upgrading Process
BT  - Proceedings of the Fifth International Conference on Economic and Business Management (FEBM 2020)
PB  - Atlantis Press
SP  - 316
EP  - 320
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.201211.053
DO  - 10.2991/aebmr.k.201211.053
ID  - Gong2020
ER  -