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What is Ant Financial Service?

Ant Financial Services refers to the vision of "making credit equal to wealth", which is dedicated to building an open ecosystem, helping financial institutions and partners to accelerate their March to "internet plus" through "Internet promotion", and providing inclusive finance services for small and micro enterprises and individual consumers. Relying on mobile internet, big data and cloud computing, we will practice inclusive finance's important practice for China.

Ant Financial Services Group (hereinafter referred to as "Ant Financial Services") started from Alipay, which was established in 24. In March 213, Alipay's parent company announced that it would take it as the main body to build a micro-financial service group. Ant Financial Services has sub-businesses such as Alipay, Yu 'ebao, Zhaocaibao, ant fortune, online merchant bank, Ant Flower Shop and Sesame Credit. Extended information

Disadvantages of Ant Financial Service

1. The information and data are too concentrated. There is still the possibility that data will be tampered with or deleted in information centralization, which has a strong dependence on the credit and authority of each storage platform.

2. It is difficult to give evidence. Giving evidence afterwards is of low timeliness, high cost and great difficulty.

3. Real-time supervision is difficult. The regulatory authorities cannot view the data in real time.

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