Skip to main content

2023 | OriginalPaper | Buchkapitel

9. Status and Development Trend of Blockchain Application in the Private Equity Industry

verfasst von : Ruihui Xu, Dawei Zhao

Erschienen in: Digital Transformation of Private Equity in China

Verlag: Springer Nature Singapore

Aktivieren Sie unsere intelligente Suche, um passende Fachinhalte oder Patente zu finden.

search-config
loading …

Abstract

As an essential part of the digital economy revolution, blockchain is rapidly developing and penetrating various fields of China’s economy as a new generation of information infrastructure.

Sie haben noch keine Lizenz? Dann Informieren Sie sich jetzt über unsere Produkte:

Springer Professional "Wirtschaft+Technik"

Online-Abonnement

Mit Springer Professional "Wirtschaft+Technik" erhalten Sie Zugriff auf:

  • über 102.000 Bücher
  • über 537 Zeitschriften

aus folgenden Fachgebieten:

  • Automobil + Motoren
  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Elektrotechnik + Elektronik
  • Energie + Nachhaltigkeit
  • Finance + Banking
  • Management + Führung
  • Marketing + Vertrieb
  • Maschinenbau + Werkstoffe
  • Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

Springer Professional "Wirtschaft"

Online-Abonnement

Mit Springer Professional "Wirtschaft" erhalten Sie Zugriff auf:

  • über 67.000 Bücher
  • über 340 Zeitschriften

aus folgenden Fachgebieten:

  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Finance + Banking
  • Management + Führung
  • Marketing + Vertrieb
  • Versicherung + Risiko




Jetzt Wissensvorsprung sichern!

Fußnoten
5
The PBC has included e-CNY in the statistics of currency in circulation (M0). The official website of the PBC showed that since December 2022, “currency in circulation (M0)” includes e-CNY in circulation.
 
6
As of August 31, 2022, the cumulative number of e-CNY transactions in the pilot areas is 360 million and the cumulative transactions amount 100.04 billion yuan, meaning that the transaction volume increased by nearly 1700% in 10 months.
 
7
A smart contract is a set of conventions defined in digital form, including agreements on which contract participants can enforce these conventions. Smart contracts can be automatically executed in blockchain according to a default contractual agreement without trusting a third party (Egelund-Müller et al. 2017; Sun et al. 2018; Paulavičius et al. 2019).
 
Literatur
Zurück zum Zitat Cao X. Legal risks and regulatory path of blockchain finance. Investment Cooperation. 2023;2:13–5 (in Chinese). Cao X. Legal risks and regulatory path of blockchain finance. Investment Cooperation. 2023;2:13–5 (in Chinese).
Zurück zum Zitat Cong LW, He Z. Blockchain disruption and smart contracts. Rev Financ Stud. 2019;32(5):1754–97.CrossRef Cong LW, He Z. Blockchain disruption and smart contracts. Rev Financ Stud. 2019;32(5):1754–97.CrossRef
Zurück zum Zitat Deng L. Crime risk in blockchain finance and its prevention and control. J Jiangxi Police College. 2023;2:22–9 (in Chinese). Deng L. Crime risk in blockchain finance and its prevention and control. J Jiangxi Police College. 2023;2:22–9 (in Chinese).
Zurück zum Zitat Egelund-Müller B, Elsman M, Henglein F, Ross O. Automated execution of financial contracts on blockchains. Bus Inf Syst Eng. 2017;59(6):457–67.CrossRef Egelund-Müller B, Elsman M, Henglein F, Ross O. Automated execution of financial contracts on blockchains. Bus Inf Syst Eng. 2017;59(6):457–67.CrossRef
Zurück zum Zitat Lee JA, Long A, Steiner S, Handler SG, Wood Z. Blockchain technology and legal implications of ‘crypto 2.0’. Bloomberg BNA Banking Report. 2015. Lee JA, Long A, Steiner S, Handler SG, Wood Z. Blockchain technology and legal implications of ‘crypto 2.0’. Bloomberg BNA Banking Report. 2015.
Zurück zum Zitat Ministry of Industry and Information Technology. White paper on the development and application of blockchain technology in China (2016). Beijing: Ministry of Industry and Information Technology of the PRC; 2016. (in Chinese) Ministry of Industry and Information Technology. White paper on the development and application of blockchain technology in China (2016). Beijing: Ministry of Industry and Information Technology of the PRC; 2016. (in Chinese)
Zurück zum Zitat Paulavičius R, Grigaitis S, Igumenov A, Filatovas E. A decade of blockchain: review of the current status, challenges, and future directions. Informatica. 2019;30(4):729–48.CrossRef Paulavičius R, Grigaitis S, Igumenov A, Filatovas E. A decade of blockchain: review of the current status, challenges, and future directions. Informatica. 2019;30(4):729–48.CrossRef
Zurück zum Zitat Sun Y, Fan L, Hong X. Technology development and application of blockchain: current status and challenges. Strategic Study Chin Acad Eng. 2018;20(2):27–32. Sun Y, Fan L, Hong X. Technology development and application of blockchain: current status and challenges. Strategic Study Chin Acad Eng. 2018;20(2):27–32.
Zurück zum Zitat The Economist. The promise of the blockchain: the trust machine: the technology behind bitcoin could transform how the economy works. The Economist. 2015. The Economist. The promise of the blockchain: the trust machine: the technology behind bitcoin could transform how the economy works. The Economist. 2015.
Zurück zum Zitat Wang X, Mei J, Zhang Z, Xie X. Research on the mechanism of blockchain technology to equity management innovation. Converter. 2021;2021(7):441–8. Wang X, Mei J, Zhang Z, Xie X. Research on the mechanism of blockchain technology to equity management innovation. Converter. 2021;2021(7):441–8.
Zurück zum Zitat Wang Y. Financial regulatory risk governance and mechanism construction under blockchain technology. Heilongjiang Finance. 2022;4:77–80 (in Chinese). Wang Y. Financial regulatory risk governance and mechanism construction under blockchain technology. Heilongjiang Finance. 2022;4:77–80 (in Chinese).
Zurück zum Zitat Yeoh P. Regulatory issues in blockchain technology. J Financ Regul Compliance. 2017;25(2):196–208.CrossRef Yeoh P. Regulatory issues in blockchain technology. J Financ Regul Compliance. 2017;25(2):196–208.CrossRef
Zurück zum Zitat Zhao XF, Zhang SH, Lu T, Dai BR, Li C. Blockchain service system design for private equity. Comput Appl Softw. 2021;10:33–8 (in Chinese). Zhao XF, Zhang SH, Lu T, Dai BR, Li C. Blockchain service system design for private equity. Comput Appl Softw. 2021;10:33–8 (in Chinese).
Metadaten
Titel
Status and Development Trend of Blockchain Application in the Private Equity Industry
verfasst von
Ruihui Xu
Dawei Zhao
Copyright-Jahr
2023
Verlag
Springer Nature Singapore
DOI
https://doi.org/10.1007/978-981-99-8482-4_9