Research on Credit Reporting System Model of Technology SMEs Based on Blockchain and Big Data

Abstract

As technology-based small and medium enterprises (SMEs), which currently are still facing the problems of narrow financing channels, difficult financing and expensive financing, are main driving forces for the development of high and new technology in China, promoting their healthy and rapid development is crucial to promote industrial transformation and upgrading and accelerate the transformation of old and new kinetic energy. Therefore, this paper proposes to build a credit reporting system for technology-based SMEs based on the combination of advantages of blockchain and big data technology, and introduces and analyzes the key technologies and system framework of the system, which provides a new way to ease their financing difficulties and high financing costs, improves their competitiveness in the market to a certain extent, stimulates the new development momentum of them, and also provides a safe and reliable platform for financial institutions to support investment.