Research On The Improvement Of Financing Efficiency Of K Company Based On Blockchain Technology

In the process of China’s economic development,the situation in various places is different,some places show a trend of high-quality development,and some are relatively lagging behind.Due to information asymmetry and low financial transparency,the corresponding project information of the urban investment company cannot be fully disclosed,the fish and dragons are mixed,the financial supervision is not in place,and the lemon market problem is formed,and the financing projects of the urban investment company are difficult to be accepted by financial institutions,financing is difficult and expensive.At the same time,the management efficiency of some urban investment companies is low,resulting in a large number of inefficient resource allocation,a large number of resource allocation inefficiency,loss of state-owned assets and other problems,and some urban investment companies also lead to the outbreak of local financial crisis because of the high debt ratio,which also sounded the alarm for many urban investment enterprises.This paper attempts to explore efficient financing methods for urban investment companies and solve the problems of information asymmetry and low financial transparency,so that financial institutions can accept those good projects and good urban investment companies,project financing will be easier,financing costs will be lower,and thus improve financing efficiency.This paper conducts research on local urban investment companies after transformation,and attempts to improve the financing efficiency of transformed enterprises through a combination of qualitative and quantitative methods from the perspective of blockchain asset securitization.The paper first defines the concept and theoretical basis,then summarizes the development process of asset securitization and discusses some problems in the financing of such enterprises.On this basis,this paper constructs a securitization financing evaluation system by selecting a local urban investment enterprise as a case study and using its relevant asset data.Then,using the AHP model,the data was used to analyze the cost,scale and timeliness of financing by blockchain technology,and the overall financing efficiency of the sample enterprises was analyzed and conclusions were drawn based on the statistical results.From the three perspectives of de-financing,administrative,technical,adjusting the internal governance structure,improving the supervision mechanism,optimizing the financing structure,and appropriately expanding the scale of financing,corresponding suggestions are given for enterprises to improve financing efficiency.The following securitization financing based on blockchain technology,enterprise cash flow as the subject asset of blockchain asset securitization,and then design enterprise blockchain securitization products,and obtain external cash flow through sale to promoters;Based on the blockchain securitization products owned by the issuer,build an asset pool,design assetbacked securities according to different risk appetites,and sell them to general investors.