Internet finance has two evolutionary paths, but both of them lead to the same goal. One is to start with financial institutions, absorb internet technology and provide financial services better; The other is that internet companies move closer to financial institutions and provide innovative financial models with the help of internet technology. In other words, Internet finance in a broad sense includes both Internet companies "panning for gold" and financial institutions "touching the net". Now, the two are synchronized.
At the same time, we should examine Internet finance from four concepts:
1, Internet finance should be viewed with a "grand view of history". Internet finance did not suddenly appear today. Once Internet technology appeared, it was combined with financial innovation. For example, the stock exchange has been trading through the Internet for a long time; China's Shanghai Stock Exchange and Shenzhen Stock Exchange have long used Internet technology; China UnionPay is also a model of the early success of Internet finance.
2. Internet finance exists in the Internet 1.0 era, in today's 2.0 era, and will exist in the 3.0 era in the future. Therefore, from the perspective of "big network view", Internet finance only becomes the focus of attention in the Internet ecological environment. Therefore, Internet finance gives full play to the cross-border and subversive nature of the network, and its origin and integration, risk and low price will change our financial ecology.
3. Look at Internet finance from the concept of "big finance". We can see the way to connect with the Internet from our "banks, governments and trust funds". At the same time, a series of financial innovations in our private finance, from private lending to private equity funds to credit management investigation, can be combined with the Internet to form financial products and models combined with the Internet.
4. From the perspective of "big culture". Internet finance is not only the application of Internet technology in the financial field, but also the most important thing is to transform the operation mode of the financial system with Internet thinking and Internet spirit. What we are talking about now is mostly Internet technology and products, which is far from enough. I believe that in the Internet 3.0 era, the changes in the financial industry will be more thorough.
Professionals believe that Internet services in the traditional financial industry do not meet the needs of the general public. 80% people put their money in the bank, but only 20% people can enjoy financial services, and the remaining 80% can't enjoy it at all. Therefore, providing financial services for ordinary people has become the biggest problem to be solved in financial reform, and internet finance can quickly gather users and provide a series of financial services for ordinary people through payment links.
On the other hand, Internet finance is driven by technological innovation, and technology is the foundation. Risk management technology, information technology and legal technology (that is, professional legal consultants and legal personnel) are the three major technologies that make Internet finance possible. Therefore, we should make full use of the new internet technology and innovate the model on the basis of the existing legal framework, terms of reference and technical conditions.