Research on the Application of Blockchain Technology in the Management of Financial Transfer Payment

Abstract

Blockchain technology is considered to be a subversive innovation of computing mode after mainframe, personal computer and Internet. In the financial, medical, supply chain and other industries show great development potential. As an important part of financial management, financial transfer payment system is an important part of modern financial system. This paper combines blockchain technology with the management of financial transfer payment, analyzes the adaptation scenarios of blockchain technology, summarizes the status and development bottleneck of financial transfer payment informatization, tries to establish a financial transfer payment system based on blockchain technology, describes the advantages of blockchain technology in supporting the management of financial transfer payment, and puts forward suggestions on the possible problems.