Does blockchain technology promote the development of green finance? ——Evidence from China

DOI

10.2991/msie-19.2020.41How to use a DOI?

Keywords

Blockchain technology; green finance; Bootstrap

Abstract

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.

Copyright

© 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/).

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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  -