With the booming development of blockchain technology and the digital currency investment market, the number of encrypted digital currencies has grown exponentially from the end of 2017 to the present. Blockchain technology has attracted the attention of relevant departments, financial institutions and capital markets in various countries.
In January 2016, the British government released a special research report on blockchain, actively promoting the application of blockchain in financial and government affairs; the People's Bank of China held a digital currency seminar to discuss the use of blockchain technology to issue virtual currencies to enhance financial activities. Efficiency and transparency. If traditional assets can be converted into securities-type tokens, securities-type tokens have their natural regulatory factors and digital currency attributes, allowing the essence of investment to undergo a qualitative change. For example, company financing may not be achieved without the help of traditional intermediaries. Through blockchain technology, assets such as equity are converted into contract tokens, and then become globally flowing crypto assets. The application of block chain in the financial field is not simple offline process online, let alone sensational subversion and replacement of traditional business, but to empower traditional industries. The depth and breadth of the combination of blockchain technology and the financial field is far from saturated, and its application prospects are broad, such as in asset securitization (ABS), insurance, supply chain finance, asset custody, and equity transaction delivery.
The development of technology finance has gradually transformed traditional financial technology to the value Internet based on blockchain technology, and gradually penetrated into other fields. The application scenarios of blockchain technology in various industries have continued to expand, especially in the financial field. Become the focus of common concern in the technology and financial circles. The digital public financial chain ("DIFI"), an ecological public chain that has recently emerged in the market with the help of blockchain technology to open the world's commercial and economic barriers and realize the global circulation of financial assets. Combined with the vigorous development of blockchain, cloud computing, big data and other technologies, the ecological construction and community construction of digital financial public chains will become more and more active. The bottom layer of the public chain provides a complete distributed ledger system, a Turing complete smart contract system, and a secure and stable network ecological encryption system. It supports various mainstream application protocol authentication protocols and cross-chain protocols, and also operates safely, stably, and efficiently. multilingual.
DIFI uses blockchain technology to convert traditional assets into securities tokens. Due to the natural regulatory factors of securities tokens, it also has the attributes of digital currency. Through blockchain technology, DIFI converts assets such as equity into contract tokens, and then becomes a globally flowing crypto asset, such as in asset securitization (ABS), insurance, supply chain finance, asset custody, and equity transaction delivery. The application of blockchain in the financial field is not simple offline process online, let alone sensational subversion and replacement of traditional business, but to empower traditional industries.
As far as the current technological development of the industry is concerned, the development of blockchain technology has not been perfect so far, and there are still some problems in various aspects such as transaction risk, data information security risk, credit technology endorsement risk, extended application security vulnerability risk, etc. The application and promotion of blockchain technology in the field of financial technology still depends on the optimization and improvement of network security, business processing performance, transaction consistency and other aspects.