Research on the Application of Block-chain Technology in Transnational Financing Mechanism based on Belt and Road Initiative

DOI

10.2991/icmess-18.2018.8How to use a DOI?

Keywords

Block-chain technology; Belt and Road; International financing; Platform

Abstract

In recent years, the Belt and Road Initiative has provided a good platform for countries along the route to achieve win-win benefits, but there are still some weaknesses in financing. This paper tries to solve the problems in the financing of various countries under the Belt and Road Initiative background, make up for the shortages, guide the capital flow to the corresponding field and achieve the common development of all countries. With block-chain technology as the technical support，we try to construct a transnational financing project platform, credit information database, risk identification system, payment and settlement system to realize the integrity of transnational financing information, high efficiency, low risk and convenient payment. This paper discusses the feasibility of application of block-chain technology in corresponding solutions and provides practical suggestions for accelerating the financing development of various countries and solving the problem of financing difficulties.

Copyright

© 2018, 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/).

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TY  - CONF
AU  - Hongzhen Lei
AU  - Bingxuan Wang
PY  - 2018/06
DA  - 2018/06
TI  - Research on the Application of Block-chain Technology in Transnational Financing Mechanism based on Belt and Road Initiative
BT  - Proceedings of the 2018 2nd International Conference on Management, Education and Social Science (ICMESS 2018)
PB  - Atlantis Press
SP  - 39
EP  - 42
SN  - 2352-5398
UR  - https://doi.org/10.2991/icmess-18.2018.8
DO  - 10.2991/icmess-18.2018.8
ID  - Lei2018/06
ER  -