Does blockchain technology promote the development of green finance? ——Evidence from China
- 10.2991/msie-19.2020.41How to use a DOI?
- Blockchain technology; green finance; Bootstrap
In the context of new era, the development and application of fintech has become an important driving force for the growth of the real economy. We analyze the influence of the blockchain technology on the green finance, which provides great support for the green development. Firstly, we summarized the characteristics of blockchain technology and the difficulties facing the green finance, and then identified four main pathes the blockchain technology acting on the green finance. After that, we used Bootstrap and Regression analysis to estimate the actual impact, finding that the blockchain technology has indeed promoted the expansion of green credit balance, although the intensity is small.We proposed to strengthen the integrated application of blockchain technology in the field of green finance in the future.
- © 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 - Yun Zhang AU - Wei Wei PY - 2020/01 DA - 2020/01 TI - Does blockchain technology promote the development of green finance? ——Evidence from China BT - Proceedings of the 2019 International Conference on Management Science and Industrial Economy (MSIE 2019) PB - Atlantis Press SP - 184 EP - 188 SN - 2352-5428 UR - https://doi.org/10.2991/msie-19.2020.41 DO - 10.2991/msie-19.2020.41 ID - Zhang2020/01 ER -