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Academic Journal of Business & Management, 2022, 4(10); doi: 10.25236/AJBM.2022.041012.

Exploring the Impact of Blockchain Technology on the Development of Digital Economy

Author(s)

Tianhong Feng

Corresponding Author:
Tianhong Feng
Affiliation(s)

Shanghai Pinghe School, Shanghai, 200135, China

Abstract

The development of blockchain technology has attracted attention from all walks of life around the world, and at this stage it has promoted the transformation and upgrading of the digital economy. The blockchain is essentially a recording system. Since each recording system needs to be stored in blocks, the ID of each block forms a chain-like structure before and after the recording time. For the development of the digital economy, the blockchain has a more complete system support. With the effective integration of digital technology and the real economy, the position occupied by blockchain technology is becoming more and more important. Therefore, exploring the impact of blockchain technology on the development of the digital economy and building a new infrastructure for the development of the digital economy can ensure the order of the operation of China's digital economy.

Keywords

blockchain technology; digital economy; development; impact

Cite This Paper

Tianhong Feng. Exploring the Impact of Blockchain Technology on the Development of Digital Economy. Academic Journal of Business & Management (2022) Vol. 4, Issue 10: 64-67. https://doi.org/10.25236/AJBM.2022.041012.

References

[1] China Center for Information Industry Development, China Blockchain Ecological Alliance, CCID (Qingdao) Blockchain Research Institute, CCID Think Tank Network Security Research Institute. The White Paper: Blockchain plus Digital Economy Development (Part 2) [N]. Chinese Journal of Computers, 2021-11-29 (008).

[2] Jiang Qi, Zhang Jiaxin, Di Huimin. Research on the Problems and Countermeasures of Blockchain Technology Driving the High-quality Development of the Digital Economy - Based on the Supply-side and Demand-side Theoretical Logic [J]. Research on Finance and Education, 2021, 34(03):3-12.