通过区块链技术破解融资性票据监管问题研究  

Research on Block Chain Technology to Solve the Financing Bill Supervision

作　　者：黄维 Huang Wei

机构地区：[1]上海普兰金融服务有限公司,上海201203

出　　处：《金融理论与实践》2019年第3期46-53,共8页Financial Theory and Practice

摘　　要：融资性票据一直是热议话题,一方面中小企业为降低融资成本而非常渴望通过票据进行融资;另一方面为防范金融风险,票据法又明确规定,不得从事无真实交易或债权债务关系的以纯粹融资为目的票据业务,监管技术手段的不够发达,导致在模式上一刀切,迟滞了票据市场的发展。随着当今金融科技的进步,区块链技术产生,其分布式记账、去中心化、非对称加密、时间戳、智能合约、可追溯性等特点,在票据领域有广泛应用前景。以区块链技术在融资性票据监管中的可行性为研究出发点,分析讨论在现有中心化交易模式基础上,构建数据资料区块链、票据信用评级区块链、票据交易区块链的三大区块链子体系的可行性,并做了深入剖析,以期能有效破解融资性票据监管问题,努力构建一种既能满足中小企业真实融资需求、服务实体经济,又能有效监管追溯、控制市场风险、良性发展的票据市场管理方法。Financing bills have always been a hot topic.On the one hand,small and medium-sized enterprises are eager to use bills to reduce financing costs;on the other hand,in order to prevent financial risks,the bill law clearly stipulates that they should not engage in pure financing bills business without real transactions or creditor-debt relationship.Undevelopedsupervise technical means,resulting in model of the development of the bill market has been delayed.With the development of financial science and technology,block chain technology has emerged,which has the characteristics of distributed accounting,decentralization,asymmetric encryption,timestamp,intelligent contract,traceability and so on.It has broad application prospects in the field of bills.Starting fromfeasibility of block chain technology in supervision of financing bills,this paper studies three block chain systemson the basis of existing centralized transaction model,data block chain,bill credit rating block chain and bill transaction block chain and makes in-depth analysis to effectively supervise financing bills.As for supervision,we should strive to build a bill market management method that can not only meet real capital needs of small and medium-sized enterprises and serve real economy,but also effectively supervise and control market risks.

关 键 词：金融监管 融资性票据 区块链 企业融资 市场风险监管 

分 类 号：F832.5[经济管理—金融学]