Research On Promoting The Development Of Inclusive Finance By Digital Technology

After more than 40 years of development,microfinance covers only 25%of poor households.The World Bank estimates that nearly 2 billion adults worldwide remain without or without financial services.In order to solve this problem,to make longer-term development of the world,and to make full use of available resources,the United Nations at the beginning of the twenty-first century came up with a solution that began to promote inclusive finance around the world.Inclusive finance,as its name implies,is the convenience of the general public.People have access to effective financial services without paying too much for it.In particular,those who are more difficult to live in their own lives are provided with effective and reasonable financial services.The proposal of inclusive finance provides a new train of thought and reform direction for the development of financial industry in our country,and also makes an important contribution to the balance,coordination and sustainable development of finance.After more than ten years of practice,inclusive finance itself is in the process of perfection,it has more ways to achieve its goals than when it started.People can also clearly see the benefits of inclusive finance.Continue to promote the development of inclusive finance,is the only way to the development of the country,but also the will of the people.The current economic development of Chinese society is even more inseparable from the support of inclusive finance.The development of inclusive finance helps to reduce information asymmetry,reduce transaction costs,help to eradicate poverty,achieve social equity and stability,and help to improve the construction of public infrastructure.But everything has two sides.While recognizing the merits of inclusive finance,we must also point out its own limitations.These limitations,if not resolved,will greatly affect the efficiency of inclusive finance development.For example,if there is no shared database resources,information will always remain asymmetrical,credit evaluation will never be completed,and SMEs will never be able to solve the problem of financing dif ficulties.The bottleneck of inclusive finance is information asymmetry and lack of collateral;the high transaction cost of information leads to the decrease of marginal efficiency of capital;neglects the scale effect and synthesis fallacy and so on.At the same time,the four endogeny of inclusive finance also hinder its development.Inclusive finance is often difficult to achieve social and commercial benefits at the same time,the so-called "fish and bear palm can not get both."With the continuous development of the follower society,the continuous renewal and progress of science and technology,the development of inclusive finance has also encountered an unprecedented historical opportunity.The combination of digital technology and inclusive finance has formed a new concept in financial history,that is,digital inclusive finance.The concept of digital inclusive finance,which is to use digital technology to promote the development of traditional inclusive finance,has been paid more and more attention in the wor d.In this paper,the promotion of digital technology is taken as the research object,and the benefits and problems solved by digital technology for inclusive finance are mainly studied.At the same time,using the digital inclusive financial system,the best digital payment system developed at present as the practical research object,this paper reflects and analyzes the combination of the two,and finds out what problems remain to be solved.What are the potential risks,and put forward the corresponding suggestions and countermeasures.This article consists of five chapters.Chapter one:introduction.First of all,it points out the purpose and significance of the article,and expounds its own research ideas and methods.The second chapter:inclusive financial development analysis.This paper summarizes the practice at home and abroad since the development of inclusive finance,and analyzes the bottleneck of its development.The third chapter:the feasibility study of the combination of digital technology and inclusive finance.Highlight the importance of digital technology for the current inclusive financial development,and use a large number of data to support it.In addition,SWOT analysis and PEST analysis illustrate the role of digital technology in promoting inclusive finance.The fourth chapter:the practical exploration of the combination of digital technology and inclusive finance.This paper analyzes the best and most extensive digital payment system in the field of digital inclusive finance as a detailed practice,anal\yzes what advantages and problems have been solved by using digital technology,and analyzes the possible risks at the same time.Chapter V:summary and suggestions.