The Current Situation and Countermeasures of Risk Management in Commercial Banks Based on Blockchain Technology
Blockchain is a basic technology for the development of digital finance and has important applications in the risk management of commercial banks.Its features such as decentralization,traceability,information immutable and falsifiable,and smart contracts can effectively improve the security of commercial banks'business transactions and the effectiveness of risk management.This paper will analyze the application advantages of blockchain technology in commercial bank risk management,clarify the current status of commercial bank risk management work,and explore the practical role of blockchain technology in commercial bank risk management by formulating commercial bank risk management strategies,in order to enhance the risk management capabilities of commercial banks with blockchain technology as a carrier.