Chapter 1: Reading experience - Internet finance With the deepening of reform and opening up, and in the context of the country's economic transformation, both the Internet industry and the financial industry have become key industries supported by the country.
While the Internet industry continues to develop itself, it is also inspiring changes in other industries.
The arrival of the "Internet + era" has become an inevitable trend.
The combination of the Internet and finance has become a new research topic for companies and scholars in recent years.
This book is compiled against this background.
As the first book to systematically discuss the new business format of "Internet + Finance", the author deciphers the new opportunities, new models, and new developments of maker finance and entrepreneurial finance.
He pioneered the assertions that "Internet + Finance = Crowdfunding Finance" and "Crowdfunding is the second great institutional invention of human society after joint-stock systems", and further explained the theory of "Crowdfunding Finance".
This book is also the first systematic work on "crowdfunding finance".
The author comprehensively discusses how to improve the construction of financial market infrastructure in the context of the "Internet +" strategy, and how crowdfunding changes the business models and organizational forms of traditional finance such as banks, securities, insurance, and trusts.
In all eight chapters, there are not only theoretical depth and height, but also rich and detailed cutting-edge cases; both business operation models and industry development trends, and discussion of risk prevention and control measures and regulatory policy recommendations; both
Rich and substantial content, and a variety of charts.
The in-depth and simple explanation method allows readers to have a macro-feeling of the combination of the Internet and finance in the "Internet +" era.
The book has the following core points: 1. The Internet changes human life, and crowdfunding changes China’s destiny 2. Crowdfunding is an institutional invention as great as the corporate system 3. Internet + finance = crowdfunding finance 4. The meaning of Internet finance The essence is crowdfunding finance 5. The Internet is an important force in promoting financial inclusion 6. Crowdfunding changes the financial landscape, financial models, and financial genes 7. Crowdfunding changes human production and lifestyle 8. The rule of law is the primary productive force of financial innovation 9. Crowdfunding is the concentrated expression of the spirit of the Internet: equality, openness, collaboration, and sharing. 10. Letting the world have no wasted resources is the core value of crowdfunding. 11. Equity crowdfunding is an important part of my country’s multi-level capital market. 12. Crowdfunding, especially equity crowdfunding, is an important path to realizing socialism!
13. The future of finance is exchanges, and the future of exchanges is crowdfunding financial exchanges 14. The world is a history of crowdfunding!
15. Crowdfunding is a belief!
Crowdfund socialism!
16. The biggest opportunity for China’s development has arrived!
The intertwining of technological innovation and institutional innovation simultaneously promotes the progress of human society.
The development of productivity brought about by technological innovation triggers institutional innovation, and institutional innovation further releases the potential of technological innovation. It can be said that industrial change and the progress of human society begin with technological innovation and end with institutional innovation.
It was precisely because of the joint-stock system that the dispersed private capital was united to form concentrated share-capital, and the scale of production was expanded. The steam engine was able to leave the laboratory and be widely used in trains, ships, and printing presses, and the first industrial revolution came about.
, and then there was a socio-economic take-off; the second industrial revolution made great progress in the fields of energy, transportation, communications, etc., and the contradiction between the need for huge capital concentration to set up large enterprises and the limited nature of private capital became more prominent.
With the increasing development of market relations, credit environment and legal system, the joint-stock system based on large-scale social production has become the dominant enterprise organization.
Entering the information society, especially in the future era of the Internet of Everything, traditional industries have been transformed by "Internet +", the cost of information communication has been greatly reduced, and the marginal cost is almost zero. Vertical concentration is no longer the most efficient production and management model.
The development of Internet technology has caused fundamental changes in production methods and management models. This change has created the basis of the sharing economy and brought human society into an era of collaborative sharing.
In the future, crowdfunding will become an important form of production organization for the development of human society after the corporate system.
Crowdfunding is the raising of funds from the public, especially the collection of small amounts of funds for the purpose of funding individuals, charitable organizations or commercial enterprises.
We believe that crowdfunding is not only a "capital is king" financing behavior, but its greater significance is that it is a "people-oriented" low-cost and effective way to integrate social resources.
In this sense, "Internet +" is a crowdfunding ecosystem.
As a type of crowdfunding, the impact of the Internet on insurance will be even more obvious.