A Financing Platform Study Based On The Internet Finance To Support Mineral Exploration

Mining industry is one of most important pillar industries in the development of economy for a country.However,with excess capacity of steel and coal industry,the global mining industry is during the period of economic downturn.Industry losses is prominent,mining capital is seriously shrinking.Mining industry in China is also caught in troubles,among which financing difficulty in mining companies has the worse problem,particularly the medium and small mining industries that are very difficult on exploration and financing.Currently,traditional bank loan or financing channels dominated by State Finance cannot meet the requirements from mining industry on risky exploration and financing,mineral exploration financing has become one of the core problems that restrain the development of mining industry in China.This article is based on systematic analysis of current status of exploration and financing in Chinese mining industry and aboard,deeply analyze the reasons for causing the difficulty on exploration and financing in Chinese mining industry.Based on the characters of exploration and financing in mining industry as well as internet finance,integrate both of them dynamically,creatively discover new model for exploration and financing in mining industry based on internet finance,structure effective technique pathway for exploration and financing in mining industry in the era of internet.The research has achieved the following outcomes and progress:1 ? Put internet finance into the field of exploration and financing in mining industry,propose the thinking mentality that internet finance supports exploration and financing in mining industry,which broaden the research vision for exploration of modern financing problems in mining industry.2 ? Based on the characters of exploration and financing in mining industry as well as internet finance,discuss on feasibility that internet finance supports exploration and financing in mining industry,research suggests that internet finance is able to share responsibility for taking risks of exploration and financing in mining industry.The research proposed that exploration and equity financing in mining industry based on internet finance can be used as implementation pathway for internet exploration financing,also take further discussion on business mode and process of internet exploration equity financing.3 ? Based on multi-risks that exploration and financing in mining industry and internetfinance are facing,systematic state potential risks that internet finance applies to exploration and financing in mining industry to reveal the importance and urgency for risks management in this field.The research proposed Blockchain technology is a very effective technique pathway for risks management on internet finance applying to exploration and financing in mining industry.4 ? Depending on blockchain technology,creatively establish technology framework for“mining industry reliable exploration financing platform” on internet exploration financing risks management,also further design quality certification management subsystem based on Blockchain certificate storage technology,project budget based on Blockchain smart contract technology and supply chain compilation management subsystem,project financing management subsystem based on Blockchain shared account book technology,project executive management subsystem based on Blockchain supply chain finance technology,clearly state business process for internet exploration financing platform.