Blockchain circle

One stop hot information platform

About us:

Blockchain circle provides the latest information about blockchain, digital currency, digital wallet, exchange, metauniverse, bitcoin, Ethereum, contract, financial management and so on, and always pays attention to the latest market...

Industrial consumer finance: deepening scientific and technological empowerment and opening a new mode of resolving financial disputes

Time : 06/07/2022 Author : vutec8 Click : + -
        There are many difficulties in personal credit financial disputes, such as large number of cases, difficult to obtain evidence and high cost. How to improve process efficiency and optimize the allocation of dispute resolution resources? Recently, the licensed financial institution Societe Generale consumer finance relied on the blockchain electronic deposit technology to link the whole process of credit electronic data, and connected with the Quanzhou intermediate people's court integrated financial case handling platform. The case trial cycle was reduced from 6 months to 7 days, which effectively saved time and cost, improved the efficiency of case handling, and became the first financial institution in Fujian Province to realize one click batch automatic litigation. At present, the institution has handled more than 100 financial cases online through the application of blockchain technology.
 
        "Blockchain technology, with its anti-counterfeiting and tamper resistant characteristics, has changed the centralized rule of man management, making the social regulatory system rely on the constraints of smart contracts and codes. The innovation and application of blockchain technology will also provide a revolutionary digital solution based on blockchain technology for building a credible society." Industrial consumer finance related business person in charge said. Traditional electronic evidence has many problems, such as scattered storage, difficult to obtain evidence, easy to be tampered with, difficult to identify and so on. With the help of blockchain technology, the signing and performance of contracts can be recorded in the chain in real time, realizing the automatic deposit of certificates in the whole process of the transaction link, which is of great significance to solve the problems of difficult proof, cross examination and authentication of electronic evidence.
 
        The relevant person in charge of Societe Generale Consumer Finance said that blockchain technology has three major characteristics: non forgery and tampering, traceability and open, transparent and verifiable, which can better assist in the construction of traceability and dispute resolution mechanism, and effectively realize data protection and consumer rights and interests protection. The system links the core elements of each loan to the chain, and synchronizes the deposit results to the judicial chain and other blockchain nodes that may involve dispute handling, effectively ensuring the effectiveness and integrity of the evidence. On the premise of fully ensuring the rights and interests of users, reduce the burden of proof on consumers and minimize the disputes in the whole credit process. After sufficient preliminary research, industrial consumer finance understands the trial requirements of the judicial authorities for financial personal loan cases, and fully verifies the feasibility of financial institutions and judicial authorities to achieve cross domain handling in the trial of this type of cases.
 
        On the basis of previous research, we promoted the data connection between the system and the Quanzhou court's integrated financial case handling platform, and initially realized the online operation of financial institutions' filing applications, which greatly shortened the time consumed by the original offline filing method. There are many difficulties in personal credit financial disputes, such as large number of cases, difficult to obtain evidence and high cost. How to improve process efficiency and optimize the allocation of dispute resolution resources? Recently, the licensed financial institution Societe Generale consumer finance relied on the blockchain electronic deposit technology to link the whole process of credit electronic data, and connected with the Quanzhou intermediate people's court integrated financial case handling platform. The case trial cycle was reduced from 6 months to 7 days, which effectively saved time and cost, improved the efficiency of case handling, and became the first financial institution in Fujian Province to realize one click batch automatic litigation.
 
        At present, the institution has handled more than 100 financial cases online through the application of blockchain technology. "Blockchain technology, with its anti-counterfeiting and tamper resistant characteristics, has changed the centralized rule of man management, making the social regulatory system rely on the constraints of smart contracts and codes. The innovation and application of blockchain technology will also provide a revolutionary digital solution based on blockchain technology for building a credible society." Industrial consumer finance related business person in charge said. Traditional electronic evidence has many problems, such as scattered storage, difficult to obtain evidence, easy to be tampered with, difficult to identify and so on. With the help of blockchain technology, the signing and performance of contracts can be recorded in the chain in real time, realizing the automatic deposit of certificates in the whole process of the transaction link, which is of great significance to solve the problems of difficult proof, cross examination and authentication of electronic evidence.
 
        The relevant person in charge of Societe Generale Consumer Finance said that blockchain technology has three major characteristics: non forgery and tampering, traceability and open, transparent and verifiable, which can better assist in the construction of traceability and dispute resolution mechanism, and effectively realize data protection and consumer rights and interests protection. The system links the core elements of each loan to the chain, and synchronizes the deposit results to the judicial chain and other blockchain nodes that may involve dispute handling, effectively ensuring the effectiveness and integrity of the evidence. On the premise of fully ensuring the rights and interests of users, reduce the burden of proof on consumers and minimize the disputes in the whole credit process. After sufficient preliminary research, industrial consumer finance understands the trial requirements of the judicial authorities for financial personal loan cases, and fully verifies the feasibility of financial institutions and judicial authorities to achieve cross domain handling in the trial of this type of cases.
 
        On the basis of previous research, we promoted the data connection between the system and the Quanzhou court's integrated financial case handling platform, and initially realized the online operation of financial institutions' filing applications, which greatly shortened the time consumed by the original offline filing method. "It used to take 3-6 months for offline contract materials to be sorted out and sent to the court, and it still takes time for court cross examination to be heard. Often, it takes an average of 9 months for a case to be handled. Now through the application of judicial blockchain technology lingual Frenoplasty, it can achieve rapid filing and efficient trial." According to the relevant person in charge of Societe Generale consumer finance, the company authorizes the court to access the information of the whole business process, effectively simplifies the submission process of evidence information, ensures the authenticity of evidence information, improves the effectiveness of evidence chain and the efficiency of evidence review, and greatly saves time and energy.
 
        In addition, the full process and full cycle business process deposit meets the needs of the full cycle of credit. The business system design no longer only considers the needs of pre loan business, but also takes into account the convenience and compliance of post loan disposal. Without changing the front-end credit process, the case trial elements are embedded in the credit business processing process, which improves the compliance of the current business process and makes the rights and responsibilities of both parties involved in the business clearer. Recently, the Supreme People's Court issued the "opinions of the Supreme People's Court on strengthening the judicial application of blockchain". The opinion proposes that by 2025, a blockchain alliance will be established between the people's court and all walks of life, and the basic support capabilities such as data verification, trusted operation, smart contract and cross chain collaboration will be greatly improved.
 
        The blockchain electronic depository system launched by industrial consumer finance is a successful exploration under the background of "digital Finance + smart justice". Using new information technology means such as blockchain and big data, on the premise of fully protecting data security, through the data connection between the business system of financial institutions and the financial case handling system of the court, the online integrated operation of post loan disposal is completed, and a new mode of dispute resolution of financial cases is opened. It is noteworthy that the 14th five year plan emphasizes the need to accelerate the development of digitalization. As an important strategic direction of building a new development pattern, digital economy will be an important source of the development of the financial industry in the future. The move of industrial consumer finance also reflects that only by accelerating the promotion of relevant applications of "chain upgrading" of more enterprises can the development of new formats of digital finance be accelerated, so as to better and more efficiently serve the real economy and promote the construction of social credit system.
 
        Load the full text and load more wonderful blog posts.
 
        
Previous:Inflation game: bitcoin can compete with legal currency in value, but the trading volume is insufficient
Next:No more

Related articles:



© 2005-2032 | Blockchain Circle & & All Rights Reserved    Sitemap1 Sitemap2 If there is infringement, please contact us at: