The Research of the Framework of Rural Credit System under Data Sharing
The rural credit system is an important infrastructure for the construction of rural finance,which plays an significant role in providing high-quality financial services for rural revitalization.However,insufficient qualifications of farmers,low participation of financial institutions,and difficulty in data sharing and supervision seriously hinder the construction process of the rural credit system.Considering the current problems,this paper explores the feasibility of the construction of rural credit system based on blockchain.Furthermore,with farmers,financial institutions and the government as the main bodies,the framework of the rural credit system based on blockchain is researched and designed,which helps to improve the financing predicament of rural economic entities,increase credit investment in"agriculture,rural areas,and farmers",and provide financial support for the construction of a new socialist countryside.
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