The Current Situation and Trend of Blockchain Technology in the Financial Field

Abstract

In the Internet era, with the development and application of information technology, the financial environment is becoming more and more complex, and traditional financial business products and service models are gradually unable to meet people’s daily needs. In response to this problem, it is important to iteratively upgrade the traditional business products by rationally applying the existing information technology in the entire financial market and realize the adjustment of the organizational structure of financial institutions and the optimization of products and services. With the development of network technology, the research on the application of blockchain technology in the financial field is gradually carried out, and its advantages and characteristics are of great significance to the optimization and upgrading of the traditional financial system. The purpose of this paper is to analyze the research status and trends of blockchain technology in the financial field. Through CiteSpace to analyze all relevant researches on blockchain technology in the financial field, we can grasp the research status and trends of blockchain technology in the financial field as a whole, coping with financial issues in the new environment. This article explains the basic theory of blockchain technology and conducts an overall visual analysis of related research on blockchain technology in the financial field based on CiteSpace. The results showed that the research keywords of blockchain technology in the financial field at home and abroad are concentrated in “supply chain finance,” and China’s research on this keyword accounts for 59.5%. Foreign research on this keyword accounts for 26.5%. The difference is 33%, and the overall popularity is on the rise.