Computer Science
4 years ago

Blockchain Revolutionizes Asset-Backed Securitization, Solving Major Financial Issues in China.

Application of Blockchain in Asset-Backed Securitization
Wenxuan Pan, Meikang Qiu

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Blockchain technology is being used to improve Asset-Backed Securitization (ABS) in the financial industry. ABS faces issues like information imbalance and inaccurate credit ratings. By applying blockchain, these problems can be addressed, enhancing the ABS business system.