Abstract
In recent years, blockchain technology has been developing rapidly in social economy. As blockchain technology has many excellent properties, it is used for the transaction of Bitcoin at first. With the rise of Bitcoin, the connection between blockchain technology and financial market will be closer more integrative. And then more and more financial institutions have recognized the importance of blockchain technology and started to try to use this technology in financial operations, such as R3CEV, Hyperledger and Qiwi. Many financial institutions have started trying to apply blockchain technology into financial transactions in order to decrease transaction costs and increase operational efficiencies, especially in financial note, cross-border payment and asset-backed securitization. It can be seen that blockchain technology will have widely application prospects in financial fields in the future.
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