Research on the Impact of Blockchain Technology on the Traditional Financial System
Abstract
This paper focuses on the application of blockchain technology in the financial field, elaborates on its development history and
characteristics, analyzes in depth the impact on the traditional financial system in payment, capital market, credit loans and other aspects, and
explores the improvement effect on risk management, customer service and compliance process brought about by it, with the aim of revealing
the internal logic and development trend of blockchain technology driving the change of traditional finance, and helping the technology to further play an advantage in financial The aim is to reveal the inner logic and development trend of blockchain technology driving the traditional
financial transformation, help the technology further exert its advantages in the financial field, and provide guidance for the innovative development of the financial system.
characteristics, analyzes in depth the impact on the traditional financial system in payment, capital market, credit loans and other aspects, and
explores the improvement effect on risk management, customer service and compliance process brought about by it, with the aim of revealing
the internal logic and development trend of blockchain technology driving the change of traditional finance, and helping the technology to further play an advantage in financial The aim is to reveal the inner logic and development trend of blockchain technology driving the traditional
financial transformation, help the technology further exert its advantages in the financial field, and provide guidance for the innovative development of the financial system.
Keywords
Blockchain technology; Traditional financial system; Impact role
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PDFReferences
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DOI: http://dx.doi.org/10.70711/wef.v2i9.6247
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