Application Analysis of Block Chain on Internet Finance in China

Great concerns have arisen due to the increasing research of block chain application in internet finance. However, there appears to have many research prospects in this area according to China's present development situation. In most studies of research, block chain technology is in the theoretical stage, practice still needed. At home and abroad, block chain technology has been gradually put into use, but there are no complete landing application results. From the development point of view, the future of technology conversion still takes a long time of practice. This paper is intended to analyze the development of block chain in internet finance in order to illustrate its future's development prospect. The greatest emphasis has been on the influence of block chain application in internet finance. The methods used in this study are known as comparison method and graphic method. Studies have shown that block chain will reconstruct internet financial governance mechanism and block chain technology is a useful tool for internet shared finance. The findings of the research have led to the conclusion that the road of block chain application in internet finance in china and abroad is still long and implications in this area still needs being pushed on. Suggestions were made for further study of block chain in internet finance.