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Research On Value Evaluation Of Blockchain Assets

Posted on:2020-07-08Degree:MasterType:Thesis
Country:ChinaCandidate:H L ZhangFull Text:PDF
GTID:2428330596980724Subject:Asset appraisal
Abstract/Summary:PDF Full Text Request
China's "13th Five-Year National Informatization Plan" regards block chain as a key frontier technology,and clearly proposes to strengthen the innovation,experiment and application of new technologies such as block chain to achieve the preemption of the new generation of information technology.From January to June 2018,the number of venture capital raised by China's block chain companies has exceeded the total of 2017,with a global capital of nearly $1.3 billion.In May 2018,the Ministry of Industry and Information Technology released the "2018 China Block chain Industry White Paper",which showed that China's block chain technology continued to innovate,and the block chain industry was initially formed.It began to supply chain finance,credit reporting,product trace ability,copyright transactions,digital identity,Rapid application in areas such as electronic evidence.With the development of block chain,domestic block chain assets have grown exponentially,and more and more regional enterprises have begun to develop strategic layouts with block chain technology innovation.More and more VCs are following suit and starting to invest in block chain startups.Although the block chain industry has accumulated capital,so far,no scientific and reasonable definition of block chain assets has been proposed,nor has a method for defining the range of block chain assets been proposed.Nor has it proposed the source and block of block chain assets.The formation mechanism of the value of chain assets.However,there is little research on the quantitative valuation of block chain assets at home and abroad.Although the Fire Coin Research Institute has a SMART Chain model for block chain asset valuation,this model is only used to judge whether a project is good or bad,and does not quantify the value of block chain assets.This paper first defines the blockchain assets,and then summarizes the definition of blockchain assets based on the knowledge of blockchain assets by professional research institutions and investment institutions.Blockchain assets refer to blockchain resources formed by enterprises in production management activities,which can have or control their production and application,and are expected to bring economic benefits to enterprises.Secondly,based on analysis of domestic and foreign scholars The research on blockchain assets,combined with the characteristics of blockchain assets and the two-stage theory of blockchain asset value formation and value creation,proposes two key factors of blockchain asset value---blockchain technology and Digital currency,and the five factors affecting the value of blockchain assets are policy and legal factors,technical factors,benefit factors,and cost factors.Again,the three major assessment methods of asset valuation cannot meet the value of blockchain assets.Evaluation requirements,after a lot of literature research,this paper proposes the combination of fuzzy mathematics and analytic hierarchy process to construct the value of blockchain assets.Estimate the model;Finally,this article takes the blockchain company(TY company)as an example,using the analysis of the blockchain asset value provided by this paper and the evaluation method of the blockchain asset value to evaluate the value of TY company blockchain assets.It provides reference and reference for investors to invest in blockchain enterprises.
Keywords/Search Tags:Block chain, Valuation of Block chain, Fuzzy mathematics, Analytic hierarchy process, Value assessment model
PDF Full Text Request
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