Ptimization Of Internal Control Of Internet Financial Enterprises Based On Blockchain Technology

Some people say that blockchain technology is the fourth industrial revolution that has promoted economic and social development since the invention of steam engines,electricity and computers.The productivity of an intelligent society is undoubtedly the new technology,quantum computing,etc.,and blockchain technology will serve as a new production relationship.As the new trusted Internet,the blockchain has promoted a thorough transformation and innovation of Internet-based enterprises,industries,and ecology.At the initial stage of the development of my country’s Internet financial industry,the industry was basically in a gray area with no access requirements,no industry restrictions,and no legal supervision.As a result,industry risks continued to accumulate and may break out.As a result,the state has put forward higher requirements for the supervision of Internet financial companies,which also shows that Internet financial companies themselves have high risks,which are hidden,contagious,and widespread,and their internal control and risk management systems are not sound enough.For this reason,the state has put forward higher requirements for the supervision of Internet financial companies,and it also shows that Internet financial companies themselves have high risks,which are hidden,contagious,and widespread,and their internal control and risk management systems are not sound enough.Therefore,this article focuses on the Internet finance industry,takes the leading company Ant Financial Group as a case analysis,and proposes ideas and methods for the optimization of the internal control of Internet finance companies based on blockchain technology.First of all,based on the relevant concepts and theories of the internal control of Internet financial enterprises based on blockchain technology,this article makes a detailed analysis of the current situation of internal control of Internet financial enterprises.Then,through comprehensive research on the business model,risk category and risk assessment process of Internet financial companies,the five elements of internal control of Internet financial companies are introduced,and the blockchain is embedded in Internet financial companies for internal control analysis.The fourth chapter focuses on the main business and ecosystem of Ant Financial,the effectiveness of risk control implementation and the results of ant technology research and development,and analyzes its internal and external risks and the defects of the five elements of internal control.Secondly,the internal control impacts of Internet financial companies based on blockchain embedding include: The application management system innovation based on blockchain technology,the application of blockchain electronic invoices,the integration of financial shared service centers and blockchain technology,and the construction of a blockchain real-time self-audit platform.Furthermore,Chapter 5 puts forward five optimization ideas: First,integrate the "law chain" to prevent and control regulatory risks;second,build blockchain "smart contract" credit;third,Ant Morse solves the problem of data barriers and privacy leakage;Fourth,the blockchain empowers "industry-financial integration";fifth,the blockchain digital self-audit platform.Finally,draw a conclusion.