The Application of Blockchain Technology in the Financial Field

Abstract

The shortcomings of today's credit mechanism are exposed and crises are everywhere. Today, the blockchain has become the most popular technology in the Internet finance field. It has rushed into all walks of life with the power of breaking a bamboo, and is shining around the world. According to the basic functions of blockchain technology (BT), such as information tampering. Information transparency has certain security guarantees. This kind of security guarantee can ensure the reliability of the financial information system to a large extent and reduce financial fraud. The aim of this article is to study the application of regional chain technology in the financial field (FF). This article is based on the primary principles of blockchain, information asymmetry theory and moral theory. Through questionnaire surveys, corporate financial personnel, middle and high-level managers and other authorities, university researchers, scholars and other personnel with experience in the implementation and application of financial informationization in various industries to ensure the right and precise results of this survey with authority and credibility. It is helpful to improve the quality problems in the financial information processing process, and helps the company implement effective real-time and automatic control. Experimental investigations and studies have shown, Financial information quality issues have the highest score at 4.39 points, while management and control issues and security issues have scores of 4.26 and 4.22 points, respectively. That there is no doubt that the blockchain financial system(FS) has many advantages, but because the BT is still in its infancy, the research time is relatively short, and there are many unresolved and unidentified problems and deficiencies.