The Research on Corporate Financial Based on Block-chain Technology

A Case Study of Ant Financial Services Group

DOI

10.2991/aebmr.k.210803.031How to use a DOI?

Keywords

Block-chain technology, Financial business, Ant Financial Services Group

Abstract

Narrow loan scopes and difficulties in investigating consumer credit information are two of the main existing problems in the function and transaction pattern of block-chain in financial service area. As one of the first enterprises applying block-chain technology, Ant Financial Services Group innovates the application of supply chain finance in emerging fields. This paper studied its application of block-chain technology in financial businesses. The research shows that the block-chain technology improves not only enterprises’ transaction efficiency, reduces the transaction financing cost and ensures the transaction security but also their profitability. It helps to alleviate the difficulties in the application of small and medium-sized enterprises and provide a reference in the application of block-chain technology to them.

Copyright

© 2021, 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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TY  - CONF
AU  - Yu Wu
PY  - 2021
DA  - 2021/08/04
TI  - The Research on Corporate Financial Based on Block-chain Technology
BT  - Proceedings of the  1st International Symposium on Innovative Management and Economics (ISIME 2021)
PB  - Atlantis Press
SP  - 222
EP  - 228
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.210803.031
DO  - 10.2991/aebmr.k.210803.031
ID  - Wu2021
ER  -