Study on the Application Scenarios of Blockchain in Futures Exchange Business

Abstract

The blockchain technology application scenarios in futures exchange business are studied, and solutions to existing business pain points based on blockchain technology are given. In the transaction settlement business, it is proposed to build a blockchain transaction and use DCEP as the transaction fund, which solves the problems of slow settlement speed, slow information transmission with more intermediaries, and slow circulation of funds in the transaction settlement process; in the delivery business, it is proposed to use blockchain to store monitoring data and build a trading platform for warehouse receipts, which solves the problems of safe storage of monitoring data and flow of warehouse receipts; in the supervision business, it is proposed to use blockchain technology and encryption technology to solve the problems of the irregular flow of credit funds into the futures market and leakage of customer privacy.