Blockchain for claims processing

1.

"Financial crimes in the name of Internet finance are becoming more and more serious." Jiang Shuzhen, director and prosecutor of the economic crime Department of the Beijing municipal procuratorate, told reporters that in recent years, the number of cases of building self financing platform in the name of P2P and issuing false credit transfer projects to finance themselves has increased year by year, and the harm has become more and more serious. In addition, illegal fund-raising in the name of virtual currency and blockchain also began to appear

According to Jiang Shuzhen's analysis, there are still some problems in financial crime cases, such as difficult investigation and evidence collection, and many disputes on the application of law. For example, in the case of illegal fund-raising, the amount of evidence collection is large, cross regional evidence collection is difficult, and there are disputes between crime and non crime, indivial crime and unit crime

in addition, the regulation of financial laws and regulations on new financial formats such as Internet finance is relatively backward. Jiang Shuzhen, for example, in recent years, there have been illegal and criminal activities such as "Huaqiang coin" and "five element coin" with virtual currency as a gimmick. On September 4, 2017, the central bank and other seven ministries and commissions jointly issued the "notice on preventing the risks of token issuance and financing", which timely reminded the public to be alert to the risks of token issuance and financing and transactions, and achieved good results. But what is the meaning of token, There is a lack of law enforcement norms to regulate the illegal issuance of securities, illegal fund-raising, financial fraud, pyramid schemes and other illegal activities. In view of the problems exposed in Internet finance, blockchain and other new formats, we should improve the relevant laws and regulations as soon as possible to promote the effective connection between administrative law enforcement and criminal justice

content source: Red Star News

2.

Blockchain itself is not illegal, but if it is used illegally, it is illegal

Li Bin, deputy director of Chongqing big data application and development administration, said that as a disruptive innovative frontier technology in the field of big data intelligence, the Chongqing municipal government attaches great importance to active layout, and the municipal government and Yuzhong District Government jointly build a blockchain base. In the second half of last year, the government issued the opinions on accelerating the cultivation and innovative application of blockchain instry, It has officially launched the construction of a place for strategic innovation of blockchain

while actively encouraging the technological progress and instrial development of blockchain, we will resolutely prohibit the illegal use of blockchain technology in accordance with the requirements of relevant national policies

at present, China's blockchain technology and application continue to innovate, and are graally applied in supply chain finance, credit reference, proct traceability and other fields, with huge development space. As a new technology, if blockchain wants to realize large-scale practical application, it must strengthen the cooperation of instry, University, research and application, and promote the continuous development and maturity of technology and application

since 2017, the development of blockchain technology has aroused the deep concern of the government, enterprises and other sectors. Because of its decentralized, tamperable and traceable characteristics, blockchain attracts investors to add weight to this new technology field. For the previous hot speculation of blockchain technology, the cognition of it and investment circles has become increasingly rational

extended data

"Regulations on the management of blockchain information services (Draft)"

Article 9 blockchain information service providers and users shall not use blockchain information services to engage in activities that are prohibited by laws and regulations, such as endangering national security, disrupting social order, and infringing the legitimate rights and interests of others, and shall not use blockchain information services to proce and use blockchain information services Copy, publish and disseminate information prohibited by laws and regulations

Article 13 a blockchain information service provider shall, as the case may be, take such measures as warning, limiting functions, closing account numbers, etc. for users of blockchain information services who violate laws, regulations and service agreements, so as to timely eliminate illegal information, prevent information diffusion, keep relevant records, and report to relevant competent authorities

Article 18 If a blockchain information service provider, in violation of the provisions of Article 9 of these Provisions, makes, copies, publishes and disseminates information content prohibited by laws, regulations and relevant national regulations, the Internet Information Office of the state, provinces, autonomous regions and municipalities directly under the central government shall give a warning and order it to correct within a time limit according to law

if the circumstances are serious or refuse to correct, the service shall be ordered to suspend, and a fine of not less than 5000 yuan but not more than 30000 yuan shall be imposed, until the relevant departments close the service according to law. If a crime is constituted, criminal responsibility shall be investigated according to law

If a blockchain information service user violates the provisions of Article 9 of these provisions and makes, copies, publishes and disseminates information content prohibited by laws and regulations and relevant national regulations, the Internet Information Office of the state, provinces, autonomous regions and municipalities directly under the central government shall deal with it in accordance with relevant laws and administrative regulations

Article 19 If a blockchain information service provider violates the provisions of Article 6 of these provisions and fails to mark its record number on its network platform, the Internet Information Office of the state, provinces, autonomous regions and municipalities directly under the central government shall order it to make corrections within a time limit according to its ties, and if it refuses to make corrections, it shall be given a warning and fined not less than 5000 yuan but not more than 10000 yuan

Article 20 If a blockchain information service provider violates the provisions of paragraph 1 of Article 4 of these provisions and fails to go through the filing proceres in accordance with these Provisions, the Internet Information Office of the state, provinces, autonomous regions and municipalities directly under the central government shall order it to make corrections within a time limit according to its ties, and if it refuses to make corrections or if the circumstances are serious, it shall be given a warning and fined not less than 10000 yuan but not more than 30000 yuan

Article 21 if the blockchain information service provided by the blockchain information service provider has potential information security risks, the Internet Information Office of the state, provinces, autonomous regions and municipalities directly under the central government shall, according to its ties, order it to rectify and suspend the service within a time limit, and continue to provide information services until it meets the relevant requirements of laws and regulations and national mandatory standards after rectification

if the blockchain information service provider violates the provisions of Article 4, paragraph 2, Article 8, Article 11, Article 12, Article 15 and Article 16 of these Provisions, the state and local Internet Information Office shall give a warning and order it to correct within a time limit according to its ties; If the circumstances are serious or if he refuses to make corrections, he shall be ordered to suspend service and be fined not less than 5000 yuan but not more than 30000 yuan; If a crime is constituted, criminal responsibility shall be investigated according to law

if the blockchain information service provider violates the provisions of Articles 10, 13 and 14 of these Provisions, it shall be handled by the Internet Information Office of the state, provinces, autonomous regions and municipalities directly under the central government in accordance with the provisions of the network security law of the people's Republic of China

3. Blockchain has a high degree of technical security and broad technology prospects. It is still in continuous development, improving enterprise efficiency and recing operating costs, and will graally be promoted and applied in other fields and instries
Renren chain is an enterprise level platform service based on mainstream blockchain technology, which can help you quickly build a more secure and stable blockchain environment, rece challenges in blockchain deployment, operation and maintenance, and development, and enable you to focus more on core business innovation, so as to realize fast business on the chain
in the current enterprise management mode, no matter customer relationship management, project management, procurement management, human resource management, there are data security and reliability problems to some extent. For example, sometimes transaction data under the market mechanism is untrue / fake / deleted and changed, and some problems such as making ill considered decisions e to data resource blocking occur, In the long run, it will cause harmful business impact on enterprises. Moreover, some enterprise systems are lack of real-time tracking in the process of the project, which is prone to data disorder and lag, resulting in the inability to timely monitor the project and track the responsibility, low management efficiency and so on, which can be avoided in the early selection of enterprises!

4. Blockchain technology is to use computers to solve some propositions that can't be calculated by human brain. Generally, these propositions can't be judged by backstepping. They can only be tested one by one, so this is our legendary mining. So the stronger the computing power of the computer, the easier it is to try to get the right number, which means that we have succeeded in mining
this is totally different from the operations in accounting. Most of the operations in accounting are floating-point operations, which are totally different.

5. 1. Promote the integration of financial system
at present, financial management is mainly carried out by information system, including LIS system, PACS system and OA system in addition to his system [5]. At present, except for the hospitals with advanced technology in some developed areas, most hospitals have not yet achieved a high degree of integration between the systems. Therefore, the differences in basic operation algorithms, data collection and feedback methods lead to the poor timeliness of information disclosure of each mole of the financial system, which can not meet the requirements of government departments for financial transparency. With the support of blockchain technology, the hospital's various mole systems can operate in an integrated way, and the system data of different sectors can be extracted and shared in time, which lays a solid foundation for the integration of hospital's financial system accounting, budget implementation, capital revenue and expenditure, financial analysis, etc
2. Deepen the content of financial management
with the continuous deepening of medical reform, the business volume of medical institutions has increased, and the more refined the financial management is required. However, the current hospital financial management is far from enough segmentation. Under the diversified changes of medical insurance and expenditure, the lag of information statistics seriously hinders the accurate and automatic operation of the financial system. Strictly speaking, hospital financial management only includes budget management, cost management and other contents, and subsequent other expenses are easy to be connected in the calculation process, which can not meet the needs of financial function integration process. Therefore, we should sort out the existing financial work, take the financial budget, revenue and expenditure as the source of management, and bring the medical project research funds, operating funds, expenditure approval into the scope of financial management. The introction of blockchain technology into the hospital financial management system can not only realize the above financial management steps, but also investigate and track the use of funds in real time, so as to realize the traceability of the source and the clarity of the direction of funds in the process of investigation. In this way, the horizontal development of financial content can fully improve the efficiency of hospital financial management
3. Improve the efficiency and accuracy of hospital financial management
hospital financial management plays an important role in the daily operation of the hospital, and also determines the accuracy of hospital financial information. The hospital should focus on improving the financial management to prevent and control the economic crisis caused by the financial management failure. In terms of the current enterprise financial management, the application of blockchain technology and AI intelligence is the overall development trend. Therefore, the combination of blockchain technology is an important grasp to upgrade the hospital financial management system. Affected by the characteristics of the hospital instry and the limitations of technical means, in the past, the financial management was mainly based on post inspection accounting, and the financial changes were involved early and the control was relatively lacking. In the face of increasingly detailed cross department financial data, the traditional financial management audit mode needs a lot of manpower in the aspects of evidence query, audit judgment and financial budget. The distributed bookkeeping technology and weak centralization of blockchain technology make it automatic and efficient to record financial transaction data after the verification of blockchain network nodes There are complete and remarkable characteristics in time and space. The hospital financial system built by blockchain technology can collect all kinds of effective financial data in real time and conct dynamic analysis according to the smart contract, which greatly improves the efficiency and precision of hospital financial management_ To ensure the safety of financial management in all departments of the hospital
4. Strengthen financial budget management
traditional hospital financial management is usually based on the past frequency of equipment use and the range of drug use. Some hospital financial managers think that it is only necessary to allocate resources according to the requirements of higher authorities, which leads to the intelligent financial system can not be well implemented in the hospital financial budget management system. The smart contract part in the blockchain technology can effectively enhance the control of hospital funds. The so-called smart contract is a program that automatically processes assets based on blockchain technology according to preset conditions. Blockchain technology is characterized by significant independence from the participation of third parties, so it is only necessary to input the funds allocated to the budget into the blockchain from the source, and the traceability and whereabouts of the budget funds can be presented clearly and transparently [7]. Smart contract mechanism can ensure the reasonable use of budget funds, and obviously eliminate the illegal use. In addition, blockchain technology can monitor the budget execution in real time and give early warning to the budget data changes with different usage. With the help of the self settlement (clearing) function in the smart contract, the transaction settlement (clearing) can be automated and fast, which can significantly rece the error rate of financial personnel and improve the budget implementation effect
source: Source: Friends of Accountants (issue 03, 2021)

6. It's about six years now, worth hundreds of millions of yuan. But what you're talking about is if, in fact, if not, bitcoin's first virtual currency purchase is like spending more than 100 pieces to buy a hamburger. No one knows that bitcoin will be so valuable today

7. 1. Utility token

utility token is a utility token that acts as a right to use a specific service

examples of terminology usage

utility tokens are premised on the use of services

detailed description

you can settle the price of goods and meals instead of cash, and you can access it by having cloud storage. For utility tokens, there is no need to audit the classification of the report

6, public chain

public chain is a highly "public" blockchain, anyone can freely participate in the network

example of terminology usage

as an infrastructure project for mediating data exchange between blockchains, a mechanism for data exchange on public blockchains will be established

detailed description

in the blockchain used to record the transaction information of encrypted assets (virtual currency), this is a mechanism used by an unspecified number of participants to establish transaction information by consensus without a specific management entity. It is very safe to prevent forgery of transaction information, but it requires a lot of calculation, so its disadvantage is that it takes a long time to complete the transaction when there are many participants

7. Scalability

scalability refers to the scalability of delayed transaction processing

examples of terminology usage

soaring gasoline prices highlight Ethereum's scalability issues

detailed description

e to the nature of blockchain and the limited amount of transaction data that can be written in a block, the processing is delayed. Remittances can take a long time, which can lead to higher transaction costs. Bitcoin is the first cryptocurrency born, which has been considered as a special problem, but efforts to solve this problem have been implemented, such as using other technologies such as lightning network and developing new blockchain

8. Gas cost

gas cost is the (Network) transaction cost on Ethereum blockchain

examples of terminology usage

this week, on the Ethereum blockchain, although there are a small amount of remittances, there are still many cases of high natural gas bills being paid

detailed description

the gas fee of user specified amount is the secondary reward. Eth, the virtual currency, is used for payment. Since the transaction with higher cost should be dealt with first, the gas cost may increase with the increase of transaction number

9. Liquidity mining (liquidity mining)

considering the provision of liquidity (currency pair), liquidity mining is to grant governance token in addition to interest, so as to attract those who implement the rate of return balance

examples of terminology usage

detailed description

in liquidity mining, by storing specific assets in the liquidity pool and providing liquidity that traders can buy and sell, the swap fee at that time can be obtained as income. These liquidity mining originated from the largest decentralized exchange "uniswap", and many liquidity mining contracts were born, such as curve finance and balancer

10. Defi (distributed Finance)

defi (decentralized Finance) refers to the financial services or systems that use blockchain and provide without a central administrator

examples of terminology usage

since June 2020, the market of defi has developed rapidly

specify the abbreviation of "decentralized finance". The financial services offered by defi include the issuance of stable coins, lending currency and cryptocurrency exchanges. Many platforms use Ethereum blockchain

11. POS (proof of equity)

POS is a consensus algorithm, which allows you to approve and generate new block rights according to the percentage (equity) of your own virtual currency

According to vitalik buterin, co-founder of Ethereum, migrating eth's consensus algorithm from POW to POS will improve security and scalability

specify the abbreviation of

proof of interest. We can also consider the holding period of virtual currency. It was born as an alternative to the "proof of work (POW)" consensus algorithm, which requires high-performance computers to approve transactions and consumes a lot of energy. If approved, you can receive a new virtual currency as a reward

12. Dapps

DAPP is an application developed with open source blockchain

examples of terminology usage

Galaxy store, the largest Samsung Electronics app store in South Korea, has started to use Tron's blockchain to process dapps

detailed description

the abbreviation of "distributed application" is called "distributed application" in Japanese. One of the main features is that there is no centralized administrator. The most popular is Ethereum blockchain, which is developing applications such as games and decentralized exchange (DEX)