Author(s)

Deguang Lin ¹

Affiliation(s)

¹ School of Economics, Guangzhou College of Commerce, Guangzhou, Guangdong, China

Corresponding Author

Deguang Lin

ABSTRACT

Blockchain technology, as an emerging distributed ledger technology, has attracted wide attention in various industries. From the perspective of information economics, this paper discusses the application scenarios and economic logic of blockchain technology in economic activities. The basic principles and characteristics of blockchain technology are outlined, emphasizing its advantages such as tamper-proof data records, decentralized trust mechanism and smart contracts. The application scenarios of blockchain technology are analyzed in the fields of supply chain management, financial services, logistics management and so on, combined with the theories of information asymmetry and incomplete information economics, and the economic logic behind the application of blockchain technology is expounded. Finally, this paper summarizes the positive role of blockchain technology in improving market efficiency, reducing transaction costs and improving information symmetry, and prospects the development trend of blockchain technology in the future. This paper aims to provide researchers and practitioners with an economic analysis framework and ideas on the application of blockchain technology, and to promote the in-depth discussion and development of this field.

KEYWORDS

Blockchain technology, information economics, application scenarios, economic logic

CITE THIS PAPER

Deguang Lin, Exploring the economic logic of the application scenario of blockchain technology—Analysis based on the perspective of information economics. Information Systems and Economics (2024) Vol. 5: 9-14. DOI: http://dx.doi.org/10.23977/infse.2024.050302.

REFERENCES

[1] Yi Li, Lu Xinyu, Tang Kun, etc. Review of blockchain consensus algorithm research [J]. Electronic Design Engineering, 2024, 32 (06): 161-170.
[2] Liu Yang, Wang Feng. "Advanced Distributed System" graduate curriculum reform—takes blockchain technology as the case teaching [J]. Science and Technology Wind, 2024, (06): 129-132.
[3] Jiang Xiao. Application value, system architecture and scenario analysis of financial management research in universities—Based on the thinking and enlightenment for the Construction of Blockchain and Distributed Accounting Technology Standard System [J]. Business Accounting, 2024, (04): 27-31.
[4] Ouyang Shanshan. Application of blockchain technology in the exchange industry [J]. China Securities and Futures, 2024, (01): 17-23.
[5] Liu Wenge, Li Zhiyuan. On the digital transformation of cross-strait judicial mutual assistance—centered on the application of judicial blockchain technology [J]. Straits Law, 2024,26 (01): 29-40.

Sponsors, Associates, and Links

---

• Accounting, Auditing and Finance
  
  
• Industrial Engineering and Innovation Management
  
  
• Tourism Management and Technology Economy
  
  
• Journal of Computational and Financial Econometrics
  
  
• Financial Engineering and Risk Management
  
  
• Accounting and Corporate Management
  
  
• Social Security and Administration Management
  
  
• Population, Resources & Environmental Economics
  
  
• Statistics & Quantitative Economics
  
  
• Agricultural & Forestry Economics and Management
  
  
• Social Medicine and Health Management
  
  
• Land Resource Management
  
  
• Information, Library and Archival Science
  
  
• Journal of Human Resource Development
  
  
• Manufacturing and Service Operations Management
  
  
• Operational Research and Cybernetics