On the afternoon of December 23, a lecture on “Global Fintech Development Status and Prospects” was held in the Conference Room 506 of the Academy of Management, and was lectured by Dr. Liu Bin, a well-known expert in Shanghai. Ye Chunming, deputy dean of the Business School, and teachers of systems, finance, information management, business and other majors attended the lecture, and attracted more than 30 graduate students to participate in the lecture.
Fintech mainly refers to emerging business models, new technology applications, new product services, etc., driven by emerging frontier technologies such as big data, blockchain, cloud computing, and artificial intelligence, which have a significant impact on the financial market and the supply of financial services. Dr. Liu Bin mainly elaborated from four aspects: the definition and classification of financial technology, the growth rate of global financial technology investment, blockchain and its application, and the application of artificial intelligence in the financial field. At the beginning of the lecture, Mr. Liu started with the concept of financial technology and emphasized the great role of financial technology. He mentioned that the domestic btg is only leading, and most of them still have a big gap. Secondly, when explaining the increase in financial investment, Mr. Liu intuitively showed the amount of investment in various regions through data and pictures. For example, the amount of investment in financial technology in Europe in the first half of the year reached 13.2 billion U.S. dollars, the Asia-Pacific region was only 3.6 billion U.S. dollars, and China dropped to 24.87. After comparing Chinese and American investment institutions, it is concluded that domestic robo-advisors are not very sustainable and the scale of business is very different from that of foreign countries. This has enabled students to have a more comprehensive financial technology investment model understanding. Then, Mr. Liu introduced the application of blockchain in the financial field in detail. He pointed out that “25% of the blockchain applications are successful, and most of them are unsuccessful. The decentralized application of blockchain is almost No one uses them, and some people use dApps.” Using blockchain can make payments faster and cheaper, and can also be used for clearing and settlement, cross-border transactions, securities trading, and clearing and settlement.
After the lecture, teachers and students discussed financial technology-related topics with Mr. Liu. Mr. Liu also gave professional answers to the questions raised by the students, and the students said they benefited a lot.
