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Blockchain Application in Green Finance

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DOI: 10.23977/gefhr.2019.020

Author(s)

Chunru Zhang, Siyi Wei

Corresponding Author

Chunru Zhang

ABSTRACT

In recent years, in order to improve the construction of China's green financial system and promote the development of green financial institutions and enterprises, China has promulgated a series of laws and regulations. As a new and thriving technology after the popularity of the Internet, the blockchain has been proven to be promising in finance, food processing, and pharmaceuticals. The decentralization, transparency, and openness of the blockchain make it possible to explore possibilities in various fields. Applying the blockchain to the green finance field can solve the problems related to processing to a certain extent, and construct a platform that is more fair, effective and institutionalized for green finance, and promote the further development of green finance and industrial upgrading. To play the advantages of the green financial industry.

KEYWORDS

Blockchain technology, Green finance, Advantage

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