Research On Impact Of Blockchain Technology On Regional Financial Security

Finance plays an important role in social and economic development,fintech gets a wide application in finance system.After the subprime mortgage crisis of American,governments and agents pay more attention to financial security issues.Fintech changes the development of the modem financial industry.For example,information systems has improved the efficiency of financial operations,and big data technology bring more auxiliary information to financial supervision and financial reforms.Financial security makes a deep impact to industry,economy and society.Knowing more about financial security and the usage of financial technology,it shows an important practical significance to ensure the stable operation of the financial system in the context of financial innovation.Blockchain technology brings many changes to the real economy and financial system.Blockchain is widely used in financial technology and supply chain systems.New technology brings new changing.Besides regional financial security,this article also analyzes the impact of blockchain on regional financial security,discussing the advantages while blockchian used in financial markets.This paper explains the concepts and connotations of financial security,introduces the characteristics and application practice of blockchain by discussing various application attempts in the real economy and financial industry.The index analysis model is used to measure the financial security index of Chengdu.The result shows the financial security status of Chengdu is medium.Pointing out some threshold and critical problems in the financial operation of Chengdu.Finally,through application of blockchain in related fields,we conclude the advantages of blockchain while it is rational used in the financial market.Some solutions based on blockchain are provided for the problems faced by regional financial security.After then this paper analyzes the advantages and disadvantages of blockchain itself,give some suggestions on how to develop blockchian smoothly,mentions certain implementation suggestions for the supervision strategy and application promotion of blockchain,provides a reference direction to maintain the stable operation of the finance system.