Author(s)

Yun Yao

Corresponding Author

Yun Yao

Abstract

An increasing amount of asset-backed securitization (ABS) risk appears with the development and innovation of ABS in China. This risk, however, could be effectively reduced by the unique structure of blockchain technology. Therefore, the financing market is currently focusing on decreasing ABS risks with the combination of blockchain. Based on the domestic ABS market and risk, this article discusses the design and application of blockchain in ABS information asymmetry, supervision risk and prepayment risk prevention.

Keywords

Asset-backed Securitization (ABS); The Blockchain Technology; Financial Innovation