Mortgage financing method and system based on block chain technology

Abstract

The invention discloses a mortgage financing method and system based on a block chain technology; the system comprises a block chain network, a finance service node, an account registering mode, and a currency transition gateway; the block chain network is used for receiving an exchange currency and redemption intelligent contract sent by a borrower client end and an exchange currency and transaction intelligent contract sent by an investor client end; the redemption intelligent contract and the transaction intelligent contract are broadcasted in the block chain network common recognition nodes for transactions, and the transaction data are broadcasted to other common recognition nodes when the transaction is complete. The method and system can hyalinize the finance mortgage field, can prevent information tampering, are convenient and reliable, efficient, have no intermediary cost, are transparent in risk control, have no region limitation, and need no compliance cost.

Description

technical field [0001] The invention relates to the fields of block chain and financial technology, in particular to a mortgage financing method and system based on block chain technology. Background technique [0002] The current financial system is facing problems such as high trust costs, opaque data, and information security, which directly lead to poor circulation of valuable assets, especially in the field of mortgage financing. The existing mortgage financing methods are mainly traditional offline mortgage financing, which are generally operated offline. This method has the following disadvantages: First, the procedures are cumbersome. Traditional offline financing channels need to provide complicated paper materials, and need to apply and review back and forth between various institutions. The financing efficiency is very low and the time cost is very high. Especially in the loan business of banks, loan opportunities are often lost due to the lack of some informatio...

AI Technical Summary

Problems solved by technology

This method has the following disadvantages: 1. The procedures are cumbersome. Traditional offline financing channels need to provide complicated paper materials, and need to apply and review back and forth between various institutions. The financing efficiency is very low and the time cost is very high.

This centralized online mortgage financing method mainly includes the following disadvantages: 1. Threats to information security and privacy protection. Traditional centralized network services are extremely vulnerable to hackers because all business data is stored on centralized servers. And cause theft of funds and leakage of user privacy; Second, the cost of regulatory compliance is high. In recent years, there have been a lot of negative news about online platforms running away.

In order to avoid the phenomenon of running away, the relevant departments have introduced a regulatory compliance bill, which has also led to an increase in the compliance cost of the platform, resulting in an increase in financing costs and a decrease in investment interest; 3. The flow of funds is opaque. It was tampered with by the system administrator, resulting in untrustworthy system fund records, and users could not obtain real fund flow information; 4. High maintenance costs. After the platform is implemented through technical means, it needs operation and maintenance, not only to care about technical maintenance, but also to set up a special The sales, marketing, and customer service teams continuously acquire customers and maintain customer relationships. These maintenance costs also lead to increased costs and loss of profits for all parties involved; 5. Information silos, centralized mortgage loan services, cannot be integrated with other central services Obtaining Unicom, resulting in very low risk control efficiency, and even inaccurate risk control information

[0004] Although there is a trend of change in the traditional financial industry, hidden problems are increasingly restricting the health of the industry

As the country's requirements for existing P2P wealth management and online lending platforms become more and more stringent, centralized platforms are facing different pressures from various aspects, especially the rising cost of trust and compliance, which not only reduces the profits of P2P platforms , which also compresses the interest of investors and leads to higher financing costs for borrowers

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