Research Progress on Financial Innovation Based on Blockchain Technology
DOI:
https://doi.org/10.54097/fbem.v11i3.12942Keywords:
Blockchain Technology, Financial Innovation, Research Progress.Abstract
The development of emerging technologies such as blockchain, big data and artificial intelligence has provided new impetus for financial technology innovation. The inherent characteristics of blockchain technology, including multi-party consensus, transparency, immutability, and smart contract functionality, naturally align with the needs of the financial industry. In recent years, blockchain has been applied in various financial domains such as payments, credit reporting, factoring, trade finance, supply chain finance, securities trading, etc., while also presenting problems in the innovation process. In this paper, we provide a theoretical and practical overview of blockchain technology and its intersection with financial innovation, analyzing its key stages, application scenarios, and potential issues.
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