区块链技术在金融方向应用的发展及展望

doi:10.3969/j.issn.0255-8297.2019.02.001

Abstract

Abstract: Blockchain is a kind of value peer-to-peer network that uses distributed database to exchange, disseminate and record information. With its rapid development, it has attracted high attention from national departments, fnancial institutions, technology enterprises, capital markets and investors. The decentralization, transparency, non-tampering and other characteristics of blockchain technology make the transfer of value no longer require the central trust institution to endorse. These characteristics deserve the high attention of the fnancial industry. And apply its architecture to transform existing types such as information asymmetry defects and problems with data authenticity. This paper analyzes legal currency, cross-border payment, digital bills, supply chain fnance and securities trading in detail by deconstructing the core elements of the blockchain and combining with the current the latest research results and application. Blockchain is introduced for restore trust in the fnancial sector, blockchain technology is discussed in the current application and future development trend, we hope this work can provide helpful guidance and reference for future related research.

Key words: legal fat, cross-border payments, digital notes, supply chain fnance, blockchain, fnancial application

CLC Number:

TP311

LI Bo, ZHENG Bo, GUO Zi-yang, WANG Hong-zhi. The State-of-the-Art Blockchain Applications in Finance: Progress and Trends[J]. Journal of Applied Sciences, 2019, 37(2): 151-163.

References

[1] Nakamoto S. Bitcoin:a peer-to-peer electronic cash system[EB/OL].[2018-11-24]. http://bitcoin.org/bitcoin.pdf.
[2] Guo Y, Liang C. Blockchain application and outlook in the banking industry[J]. Financial Innovation, 2016, 2(1):24.
[3] Kshetri N. Can blockchain strengthen the internet of things?[J]. IT Professional, 2017, 19(4):68-72.
[4] Chohan U W. The Leisures of blockchains:exploratory analysis[J]. Available at SSRN 3084411, 2017.
[5] 袁勇,王飞跃. 区块链技术发展现状与展望[J]. 自动化学报,2016, 42(4):481-494. Yuan Y, Wang F Y. Development status and prospects of blockchain technology[J]. Acta Automatica Sinica, 2016, 42(4):481-494.(in Chinese)
[6] Gilbert S, Lynch N. Brewer's conjecture and the feasibility of consistent, available, partitiontolerant web services[J]. Acm Sigact News, 2002, 33(2):51-59.
[7] Lamport L, Shostak R, Pease M. The Byzantine generals problem[J]. ACM Transactions on Programming Languages and Systems (TOPLAS), 1982, 4(3):382-401.
[8] Lamport L. The part-time parliament[J]. ACM Transactions on Computer Systems (TOCS), 1998, 16(2):133-169.
[9] Lamport L. Fast paxos[J]. Distributed Computing, 2006, 19(2):79-103.
[10] Castro M, Liskov B. Practical Byzantine fault tolerance and proactive recovery[J]. ACM Transactions on Computer Systems (TOCS), 2002, 20(4):398-461.
[11] Guo J, Chu J, Cai P. Low-overhead Paxos replication[J]. Data Science and Engineering, 2017, 2(2):169-177.
[12] Buterin V. A next-generation smart contract and decentralized application platform[S/OL].[2018-07-13]. http://blockchainlab.com/pdf/Ethereum_white_paper-a_next_generation_smart_contract_and_decentralized_application_platform-vitalik-buterin.pdf.
[13] Larimer D. Delegated proof-of-stake[S/OL].[2018-07-13]. https://bitshares.org/technology/delegated-proof-of-stake-consensus.
[14] Dwork C, Naor M. Pricing via processing or combatting junk mail[C]//Annual International Cryptology Conference. Berlin, Heidelberg. Springer, 1992:139-147.
[15] Garay J, Kiayias A, Leonardos N. The bitcoin backbone protocol:analysis and applications[C]//Annual International Conference on the Theory and Applications of Cryptographic Techniques. Berlin, Heidelberg:Springer, 2015:281-310.
[16] Vukolić M. The quest for scalable blockchain fabric:proof-of-work vs. BFT replication[C]//International Workshop on Open Problems in Network Security. Springer, Cham, 2015:112-125.
[17] Tseng L. Recent results on fault-tolerant consensus in message-passing networks[C]//International Colloquium on Structural Information and Communication Complexity. Springer, Cham, 2016:92-108.
[18] Milutinovic M, He W, Wu H, Kanwal M. Proof of luck:an efcient blockchain consensus protocol[C]//Proceedings of the 1st Workshop on System Software for Trusted Execution. ACM, 2016:2.
[19] Walport M. Distributed ledger technology:beyond blockchain[R]. UK Government Ofce for Science, 2016:16-19.
[20] Tapscott A, Tapscott D. How blockchain is changing fnance[J]. Harvard Business Review, 2017, 1(9):2-3.
[21] Tapscott D, Tapscott A. Blockchain revolution:how the technology behind bitcoin is changing money, business, and the world[M]. U.S:Portfolio, 2016.
[22] 贺水金. 论1937—1949年通货膨胀对中国商业银行的影响[J]. 社会科学,2017(9):146-159. He S J. On the impact of inflation on Chinese commercial banks from 1937 to 1949[J]. Social Science, 2017(9):146-159. (in Chinese)
[23] 王琨. 人民币国际化与外汇储备管理[J]. 经济视野,2017(19):124. Wang K. Internationalization and foreign exchange reserve management[J]. Economic Perspectives, 2017(19):124. (in Chinese)
[24] 黄雄. 浅析米塞斯的经济学贡献——从《人的行为》谈起[J]. 江淮论坛, 2009, 233(01):63. Huang X. Analysis of Mises's economic contribution-from "Human Behavior"[J]. Jiang huai Forum, 2009, 233(1):63. (in Chinese)
[25] Jack W, Suri T, Townsend R. Monetary theory and electronic money:reflections on the kenyan experience[J]. FRB Richmond Economic Quarterly, 2010, 96(1):83-122.
[26] 王晟. 区块链式法定货币体系研究[J]. 经济学家, 2016, 9(9):77-85. Wang S. Research on blockchain legal margin system[J]. Economist, 2016, 9(9):77-85. (in Chinese)
[27] Skilton M, Hovsepian F. The technology of the 4th industrial revolution[C]//The 4th Industrial Revolution. Palgrave Macmillan, Cham, 2018:29-68.
[28] Eyal I. Blockchain technology:transforming libertarian cryptocurrency dreams to fnance and banking realities[J]. Computer, 2017, 50(9):38-49.
[29] 王蓬博. 中国第三方跨境支付市场专题分析2017[EB/OL].[2018-01-09]. https://www.analysys.cn/analysis/8/detail/1001128/.
[30] Xu Z, Yao Q. The preliminary plan of digital commercial paper trading platform[J]. China Finance, 2016, 17:31-33.
[31] Larsson R, Bengtsson L, Henriksson K, Judith S. The interorganizational learning dilemma:collective knowledge development in strategic alliances[J]. Organization Science, 1998, 9(3):285-305.
[32] Banafa A. IoT and blockchain convergence:benefts and challenges[J]. Intelligent Systems and Applications, 2018, 6:40-48.
[33] 周立群,李智华. 区块链在供应链金融的应用[J]. 信息系统工程,2016(7):49-51. Zhou L Q. Li Z H. Application of blockchain insupply chain fnance[J]. Information Systems Engineering, 2016(17):49-51. (in Chinese)
[34] 刘瑜恒,周沙骑. 证券区块链的应用探索,问题挑战与监管对策[J]. 金融监管研究,2017, 4:89-109. Liu Y H, Zhou S Q. Application exploration of secueities blockchain, problem challenges and regulatory countermeasures[J]. Financial Regulatory Research, 2017, 4:89-109. (in Chinese)
[35] 李爽,曹楠. 智能合约的特点及其在债券市场的应用[J]. 债券,2016(12):49-51. Li, S, Cao N. Characteristics of smart contracts and their application in bond market[J]. Bonds, 2016(12):49-51. (in Chinese)
[36] Treleaven P, Batrinca B. algorithmic regulation:automating fnancial compliance monitoring and regulation using AI and blockchain[J]. Journal of Financial Transformation, 2017, 45:14-21.
[37] ASX. Chess replacement[EB/OL].[2018-06-26]. https://www.asx.com.au/services/chessreplacement.htm.
[38] Kuo T T, Kim H E, Ohno-Machado L. Blockchain distributed ledger technologies for biomedical and health care applications[J]. Journal of the American Medical Informatics Association, 2017, 24(6):1211-1220.
[39] Guo Y. Liang C. Blockchain application and outlook in the banking industry[J]. Financial Innovation, 2016, 2(1):24.
[40] 梅兰妮·斯万. 区块链:新经济蓝图及导读[M]. 北京:新星出版社,2016.

The State-of-the-Art Blockchain Applications in Finance: Progress and Trends

PDF

Knowledge

Abstract

Cite this article

share this article

References

Related Articles 15

Recommended Articles

Metrics

Comments

[1]	FANG Junjie, LEI Kai. Blockchain for Edge AI Computing: A Survey [J]. Journal of Applied Sciences, 2020, 38(1): 1-21.
[2]	HE Zhengyuan, DUAN Tiantian, ZHANG Ying, ZHANG Hanwen, SUN Yi. Blockchain in Internet of Things: Application and Challenges [J]. Journal of Applied Sciences, 2020, 38(1): 22-33.
[3]	BAO Zhenshan, WANG Kaixuan, ZHANG Wenbo. A Practical Byzantine Fault Tolerance Consensus Algorithm Based on Tree Topological Network [J]. Journal of Applied Sciences, 2020, 38(1): 34-50.
[4]	LI Zhongcheng, HUANG Jianhua, TANG Ruicong, HU Qingchun, XIA Xu. A Scalable Consensus Protocol Based on Equity Representation [J]. Journal of Applied Sciences, 2020, 38(1): 51-64.
[5]	ZOU Xiuqing, LUO Decun, LIN Ping, SHEN Shiping, XIE Zhenping, WANG Yujue, DING Yong. System of River Chief-Oriented Water Quality Information Certification Based on Blockchain [J]. Journal of Applied Sciences, 2020, 38(1): 65-80.
[6]	YUAN Chenjuan, SUN Guozi, LI Huakang, WANG Jitao. Credible Depository Chain System of Card Games [J]. Journal of Applied Sciences, 2020, 38(1): 81-92.
[7]	JIANG Yunchao, HE Xiaowei, CUI Yiju. Blockchain Node Storage Optimization Scheme [J]. Journal of Applied Sciences, 2020, 38(1): 119-126.
[8]	PAN Heng, PAN Lei, YAO Zhongyuan, SI Xueming. A Patient-Controlled Security Access Mechanism for Electronic Health Records [J]. Journal of Applied Sciences, 2020, 38(1): 127-138.
[9]	SHE Wei, CHEN Jiansen, GU Zhihao, TIAN Zhao, XU Li, LIU Wei. Location Information Protection Model for IoT Nodes Based on Blockchain [J]. Journal of Applied Sciences, 2020, 38(1): 139-151.
[10]	LEI Kai, HUANG Shuokang, FANG Junjie, HUANG Jiyue, XIE Yingying, PENG Bo. Intelligent Eco Networking (IEN): Knowledge-Driven and Value-Oriented Future Internet Infrastructure [J]. Journal of Applied Sciences, 2020, 38(1): 152-172.
[11]	ZHANG Lihua, HU Fangzhou, HUANG Yang, WAN Yuanhua, LI Jingjing. Identity Authentication Protocol of Micro-grid Power Based on Consortium Blockchain [J]. Journal of Applied Sciences, 2020, 38(1): 173-183.
[12]	ZHANG Yifei, CAO Shaozhong, QI Deli, WANG Liang, YANG Yanhong. Book Infringement Record Depositing Platform Based on Blockchain [J]. Journal of Applied Sciences, 2020, 38(1): 184-196.
[13]	REN Peng, XU Jingjing, WANG Yi, MA Xiaofeng. Research and Implementation of Car Rental Alliance Based on Blockchain and Internet of Vehicles [J]. Journal of Applied Sciences, 2019, 37(6): 851-858.
[14]	FAN Xian-li, FAN Chun-xiao, WU Yue-xin. Realization of Privacy Protection of Food Supply Chain Based on Blockchain and IPFS [J]. Journal of Applied Sciences, 2019, 37(2): 179-190.
[15]	LÜ Jing-shu, CAO Xiao-chun, YANG Pei. Two-Factor Identity Authentication Model Based on Blockchain and Face Recognition [J]. Journal of Applied Sciences, 2019, 37(2): 164-178.