At the present stage, the rapid development of block chain technology has received high attention from all countries in the world, all the governments, financial circles, scientific and technological circles and the business community are competing for the development of block chain technology. And the related technology research and development institutions and start-ups companies have also obtained the capital investment of geometric growth. In view of this, the authors define the traditional trade settlement of commercial banks as a related subject by the impact of block chain technology, discusses the practical features of block chain technology and block chain finance at the present stage, and describes the related concepts and application scenes. At the same time, I think that it will be very valuable to study the block chain technology as soon as possible for the transformation of traditional trade settlement methods.
Keywords: block chain, commercial bank, trade settlement method