基于区块链技术的网络借贷风险治理研究

Research on Risk Management of Network Lending Based on Block Chain Technology

监管模式均是监管和创新的权衡,我国网络借贷经历了鼓励创新→风险累积→严格监管的发展历程。网络借贷的本质是信用风险交易,网络借贷因时空隔离、去中心化、交易主体有限理性等使信用风险不断累积,极易诱发系统性风险。而区块链技术能优化网络借贷运行机制,促进监管科技发展;区块链技术信息共享、可追溯、防篡改能降低信息不对称;区块链技术将数据转变成信息,信用转变成资产,有助于完善征信体系;区块链技术内嵌到监管法规中,可实现代码执法和监管执法自动化;信息共享机制推动监管机构和利益相关者共同监管和平等监管,有利于监管公平;用去中心化的监管科技监管去中心化的金融科技,有利于防范网络借贷系统性风险。

The mode of supervision is the balance between supervision and innovation. China’s online lending has experienced the process of encouraging innovation, risk accumulation and strict supervision. The essence of network lending is credit risk transaction. Space-time jump of network lending and the bounded rationality of transaction subject make the credit risk accumulate continuously and easily induce the systematic risk. Blockchain technology can optimize the operation mechanism of network lending, and promote the formation of supervision technology. Block chain technology information sharing, traceability, tamper proof can reduce information asymmetry, transform data into information, credit into assets, and help to improve the credit investigation system. The technology of block chain is embedded in the supervision regulation, which realizes the code enforcement and the supervision automation. The mechanism of information sharing promotes the joint supervision and equal supervision between regulators and stakeholders, which is beneficial to the equity of supervision. Block-chain technology using decentralized supervision technology to supervise decentralized financial technology is conducive to the prevention of network lending systemic risk.