Risk management algorithm employing blockchain technology in financial field

A risk management and blockchain technology, applied in the field of blockchain technology in the field of risk management algorithms in the financial field, can solve the problems of high risk control costs and difficult control of supply chain financial risks, achieve automation and intelligence, reduce The effect of business operation risk and cost reduction

Inactive Publication Date: 2018-09-11
李俊山
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  • Summary
  • Abstract
  • Description
  • Claims
  • Application Information

AI Technical Summary

Problems solved by technology

[0007] Aiming at the deficiencies of the existing technology, the present invention provides a blockchain technology risk management algorithm in the financial field, which solves the problems of defects in supply chain financial credit mechanism, difficult control of supply chain financial risks and high risk control costs

Method used

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  • Risk management algorithm employing blockchain technology in financial field
  • Risk management algorithm employing blockchain technology in financial field

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Experimental program
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Embodiment

[0030] A risk management algorithm of blockchain technology in the financial field of this embodiment, refer to figure 1 : Include the following real-time steps:

[0031] Step 1: Use the systematic and structural business characteristics of supply chain finance to obtain true, effective and comprehensive information flow data of the supply chain finance alliance;

[0032] Step 2: Establish a consortium chain to achieve transparency of end-to-end information and data through the blockchain. All participants in the supply chain financial alliance share business flow and logistics information through a decentralized accounting system;

[0033] Step 3: Participants upload the information flow to the blockchain, and different types of information generate different blockchains, use the characteristics of the blockchain to make it immutable, and provide services such as data confirmation and traceability;

[0034] Step 4: Introduce digital currency and product digitization, innovate the supp...

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Abstract

The invention relates to the technical field of blockchain, and provides a risk management algorithm employing the blockchain technology in a financial field. Through the building of an alliance chain, a blockchain serves as a trusted machine, and has the characteristics of traceability, common sensor and decentralization. Moreover, the data on the blockchain has the timestamp, so the blockchain cannot be changed completely even if the data of one node is changed, and the blockchain can provide an absolutely trusted environment. The decentralized configuration of the blockchain gives play to aglobal mutual trust mechanism, and forms a strong P2P trusted relation. The building of the mutual trust mechanism can effectively reduce the risk control cost of a fund terminal, and solves a problem that a bank worries about the tampering of information.

Description

Technical field [0001] The invention relates to the technical field of block chain, in particular to a risk management algorithm of block chain technology in the financial field. Background technique [0002] SCF (Supply Chain Finance) is a professional field of commercial bank credit business (bank level) and a financing channel (enterprise level) for enterprises, especially small and medium-sized enterprises. It refers to the enterprises in the core position of the industrial chain, relying on the advantages of high credit to open the door to obtain cheap funds, provide financing services to the upstream and downstream customers of the industrial chain, obtain new profit growth points, and build a closer industrial chain ecosystem. [0003] In the existing supply chain finance, credit sales have become the mainstream method of transactions. It is difficult for suppliers in the upper and middle reaches of the supply chain to obtain bank financial support through "traditional" cred...

Claims

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Application Information

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IPC IPC(8): G06Q10/06G06Q40/06
CPCG06Q10/0635G06Q40/06
Inventor李俊山
Owner李俊山