Internet Finance Research Based on Blockchain Technology

Abstract

With the continuous development of block-chain technology and the Internet finance industry, its risks have become more and more obvious, and will become an important factor restricting the development of Internet finance in the near future. Therefore, only by continuously strengthening the awareness of risk evolution and risk prevention, and thus effectively avoiding risks, can this problem be effectively solved. The purpose of this article is to study the risk evolution and prevention of Internet finance under block-chain technology. This article summarizes and summarizes the risk evolution process of Internet finance under block-chain technology, analyzes the actual situation of the current three stages of Internet finance development, and interprets the problems that exist in the current Internet finance development process through case analysis and the cause of formation is analyzed. This article puts forward suggestions on strengthening China's Internet financial risk prevention, in order to better improve and promote the effectiveness of Internet financial risk prevention. According to survey data, in 2015, my country's Internet transaction value reached 600 billion Yuan, and by 2020, the transaction value reached 65260 billion Yuan. It can be seen from this that in recent years, my country's Internet financial transaction volume has always maintained a rapid growth trend.