The novel thinking exploration model for Blockchain Technology Financial Sharing Services

Xusheng Chen, PC Lai

Abstract


This paper will explore the novel thinking for blockchain technology financial sharing services in China. It will explain the formation of a shared service center and the key success factors. Then will discuss the financial decision-making for payment business process in financial sharing services, the financial sharing dangers, and solutions as well as the notions to solve the hidden danger of financial sharing, and try to carry out model design and performance evaluation. In this chapter, the blockchain thinking mode of the financial sharing service concept involves consensus thinking, the coexistence of distribution, and concentration with code as a priority. The blockchain method for financial sharing services is to identify participants on the blockchain and establish a consensus mechanism, use code to effectively control the business transactions, and zone storage mode to realize the effective connection between business transactions and financial sharing and financial sharing service based on alliance chain network. The benefits are useful for Technical & Vocational Education and Training (TVET).

Keywords


BLOCKCHAIN, EXPLORATION MODEL, FINANCIAL SHARING, NOVEL THINKING, SHARED SERVICE.

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References


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DOI: http://dx.doi.org/10.4301/S1807-1775202320005

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