Research on the Application Value of Blockchain to For-Profit Pension Institutions: Focus on Blockchain’s Impacts on Service Mode Upgrading Process
- 10.2991/aebmr.k.201211.053How to use a DOI?
- For-profit pension institutions, blockchain, credibility
Compared to public pension institutions, for-profit pension institutions are less accepted by consumers in China, which causes a lot of deficits to these private institutions. For dealing with this problem, we made this research. In this paper, we firstly found out why public institutions are much more popular, how for-profit pension institutions tackled the issue and revealed the defects of existing service mode updating schemes they applied. Then we analysed the features of blockchain and proposed schemes based on blockchain, in this part we explained why blockchain is worthy to for-profit pension institutions. At last we construct a two-market model, with the help of it we demonstrated the importance of the blockchain, it showed that blockchain’s features can make great impacts on service modes upgrading process of for-profit pension institutions.
- © 2020, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Dongchen Gong AU - Gongrang Zhang PY - 2020 DA - 2020/12/14 TI - Research on the Application Value of Blockchain to For-Profit Pension Institutions: Focus on Blockchain’s Impacts on Service Mode Upgrading Process BT - Proceedings of the Fifth International Conference on Economic and Business Management (FEBM 2020) PB - Atlantis Press SP - 316 EP - 320 SN - 2352-5428 UR - https://doi.org/10.2991/aebmr.k.201211.053 DO - 10.2991/aebmr.k.201211.053 ID - Gong2020 ER -