Discussion on Block Chain Technology and Trade Settlement Methods of Traditional Commercial Banks


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

[1] Jiaxin Chen. Problems and Countermeasures of commercial banks against the background of block chain[ J].Economic Research, 2017(23):69-70

[2] Yaner Fang, Dexun He. Exploration on the development of block chain technology in the industrial chain finance of commercial banks[ J]. Manage the world, 2017(04): 24- 27

[3] Xiaodong Yao, Ke Feng. Thinking about the application innovation and limitation of block chain technology[ J]. Financial Research, 2016(12): 12-17

[4] Hua Cheng, Yunzhi Yang. Research on development trend of block chain and coping strategies of commercial banks[ J]. Nankai Business Review,2016(06):73-91

[5] Yan Yi. The development status of block chain, the challenges faced by banks and the countermeasures[ J]. Accounting Research, 2016(04): 46-50