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How to combine blockchain with investment banks?
Credit itself will have a great impact on the allocation efficiency of social resources. As an important financial intermediary in the current economic society, the economic function of banks in the social credit system mainly includes two aspects: on the one hand, it solves the information asymmetry problem between the fund supplier and the fund supplier; On the other hand, effectively control the credit risk problems encountered in financial transactions. It is also based on this that banks can obtain corresponding economic benefits.
As an emerging international distributed digital financial platform, GSN first put forward the concept of chain social banks. GSN built a distributed peer-to-peer trading system based on blockchain technology, and built a new generation of financial service platform with high efficiency, rapid iteration and massive expansion, which solved the problems of trust crisis, internal friction and opaque information existing in traditional banks.
GSN Social Bank-Establishing Decentralized Credit
Theoretically, the global cost of blockchain, a credit establishment mechanism, is probably lower than that of centralized credit, which is in line with the trend of global market evolution!
The significance of GSN social bank lies in establishing a distributed, peer-to-peer, open and transparent trust system with technical guarantee. As a global distributed database, GSN stores data blocks related to cryptographic methods, and each data block contains the information of each online transaction, which is used to verify the validity and authenticity of its information.
GSN delivers value through technical architecture, so that every transaction recorded is absolutely credible and cannot be tampered with. From this perspective, the subversive significance of GSN lies in the establishment of a decentralized, open and transparent trust system with technical guarantee. GSN no longer relies on the central node, but automatically realizes trust and delivers value through the technical architecture, which is the advantage of GSN.
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