Research Article
Financial Data Sharing Mechanism Based on Blockchain Technology
@INPROCEEDINGS{10.4108/eai.17-6-2022.2322663, author={Linlin Yu}, title={Financial Data Sharing Mechanism Based on Blockchain Technology}, proceedings={Proceedings of the International Conference on Information Economy, Data Modeling and Cloud Computing, ICIDC 2022, 17-19 June 2022, Qingdao, China}, publisher={EAI}, proceedings_a={ICIDC}, year={2022}, month={10}, keywords={blockchain technology; financial data; sharing mechanism; blockchain architecture}, doi={10.4108/eai.17-6-2022.2322663} }- Linlin Yu
Year: 2022
Financial Data Sharing Mechanism Based on Blockchain Technology
ICIDC
EAI
DOI: 10.4108/eai.17-6-2022.2322663
Abstract
Continuous breakthroughs in IT (Internet information technology) have added new momentum to the development of the financial industry. As one of the information technologies with great development potential in recent years, BT (blockchain technology) has the characteristics of immutability, traceability, decentralization, and complete distribution, which are different from other IT. The important reason for the rapid development of the application of BT is that it can establish trust transfer between peers without relying on third-party trusted institutions, which helps the various problems faced in the process of data exchange. BT has subverted the traditional model of finance, medical and other industries to a certain extent. At present, in the financial industry, there are often problems such as untimely updating of information and mutual trust between inter-departmental departments. BT can easily complete the construction and maintenance of financial information databases. Therefore, this article is mainly based on the research of FD(financial data) sharing mechanism based on BT.