Research on Chinese Rural Digital Inclusive Finance Innovation Based on Blockchain Technology

DOI

10.2991/aebmr.k.220502.043How to use a DOI?

Keywords

Blockchain technology; Rural inclusive finance; Digital technology; Digital Universal finance

Abstract

With the continuous development of digital technology in recent years, the potential productivity brought by new technology has gradually become a powerful engine for the development of inclusive finance. The integration of fintech and inclusive finance has reached an unprecedented height, where digital inclusive finance comes into being. Among all the new technologies such as big data, cloud computing, and artificial intelligence, blockchain stands out and becomes a hot topic due to its features of decentralization, detrusting and tamper-proof. Currently, the inclusive finance in rural areas is faced with a serious island effect; the credit mechanism system is not perfect and the construction of inclusive finance service infrastructure is insufficient. The defects of rural inclusive finance can be made up to the greatest extent by a combination with the blockchain technology, thus building a more efficient and perfect rural inclusive finance ecology.

This paper will take rural inclusive finance as the research object, and elaborate the mechanism of innovative development of rural inclusive finance after the embedding of the blockchain technology. It is found that the equipment, technology and relevant laws are not perfect yet, which may bring risks to the development of rural inclusive finance. Finally, relevant policy suggestions are put forward, including a universal education for digital financial knowledge, the improvements in the infrastructure, etc.

Copyright

© 2022 The Authors. Published by Atlantis Press International B.V.

Open Access

This is an open access article distributed under the CC BY-NC 4.0 license.

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TY  - CONF
AU  - Ziqi Zhang
PY  - 2022
DA  - 2022/05/16
TI  - Research on Chinese Rural Digital Inclusive Finance Innovation Based on Blockchain Technology
BT  - Proceedings of the 2022 International Conference on Urban Planning and Regional Economy（UPRE 2022）
PB  - Atlantis Press
SP  - 235
EP  - 239
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.220502.043
DO  - 10.2991/aebmr.k.220502.043
ID  - Zhang2022
ER  -