Blockchain technology has a flexible architecture, which may reshape the credit formation mechanism, especially the decentralization mechanism of blockchain, that is, the fund supervision function of third-party payment can be automatically replaced by "smart contract", which will impact the foundation of third-party payment, effectively improve the operation efficiency of the system, reduce costs and greatly improve the utilization of funds while ensuring information security (Hou Benqi and ...

Blockchain technology has a flexible architecture, which may reshape the credit formation mechanism, especially the decentralization mechanism of blockchain, that is, the fund supervision function of third-party payment can be automatically replaced by "smart contract", which will impact the foundation of third-party payment, effectively improve the operation efficiency of the system, reduce costs and greatly improve the utilization of funds while ensuring information security (Hou Benqi and ...