Taking P2P Online Lending as An Example

Reflecting On the Development of Internet Finance Based on Regulatory Mechanisms

Abstract

 This paper is based on the critical reflection of P2P online lending, with the supervision mechanism as the main analysis Angle, credit assessment and risk prevention and control as the auxiliary to carry out the discussion of P2P online lending, hoping to  provide more thinking for the future development of China's  Internet + finance. The main research method adopted in this paper is case study, mainly based on typical cases at home and abroad to carry out analysis. After case analysis, the conclusions are as follows: 1. In terms of supervision mechanism: (1) Let the platform and the bank reach a commercial cooperation relationship. (2) When the debt relationship is formed, it is suggested to sign smart contracts. (3) When the debtor registers as a user on the platform, it can use the bank to evaluate the assets and liabilities. (4) The platform can also learn from the Dutch supervision mechanism for creditors on the Internet platform. 2.  In terms of credit evaluation, China can build a credit evaluation system belonging to Internet finance in the credit   investigation system of the People's Bank of China. 3. In terms of risk prevention and control, default records should be synchronized with banks and default costs should be raised.