Analysis of the Impact of Block Chain on Internet in the Context of Big Data and Its Future Prospect

Abstract

With the rapid development of modern economy and Internet technology, the traditional financial industry has to better serve the needs of the times by developing Internet finance. As a new type of Internet technology, block chain, relying on the characteristics of decentralization, reliable data, collective maintenance and non-tampering, provides the possibility to accelerate the innovation of financial products and improve the efficiency of financial operation. The emergence of Internet finance is a very subversive new model, coupled with the upsurge of public participation, Internet finance has developed rapidly in a few short years. As a modern internet financial technology, blockchain technology, based on big data technology, can help Internet finance to solve credit problems, so as to effectively reduce financial risks. Blockchain technology provides better development opportunities for Internet finance. This paper mainly discusses the impact of blockchain on the Internet in the context of big data, and analyzes its future development.