1. Crowdfunding Crowdfunding, which roughly means public financing or crowd financing, refers to the mode of raising project funds from netizens in the form of group purchases and pre-purchases.
The original intention of crowdfunding is to use the characteristics of the Internet and SNS communication to allow entrepreneurial companies, artists or individuals to showcase their ideas and projects to the public, win everyone's attention and support, and then obtain the financial assistance they need.
The operating model of crowdfunding platforms is similar - individuals or teams in need of funds hand over project planning to the crowdfunding platform. After relevant review, they can create their own page on the platform's website to introduce the project to the public.
2. P2P online lending P2P (Peer-to-Peerlending), that is, peer-to-peer credit.
P2P online lending refers to the matching of funds between borrowers and lenders through a third-party Internet platform. People who need to borrow can find people who have the ability to lend and are willing to lend based on certain conditions through the website platform, helping the lender to work with other lenders.
Sharing a loan amount spreads risks and also helps borrowers choose attractive interest rate terms based on fully comparative information.
There are two operating models. The first is a purely online model, which is characterized by the fact that all fund lending activities are conducted online without offline review.
Usually, the measures taken by these companies to verify the borrower's qualifications include video authentication, checking bank statements, identity authentication, etc.
The second is a model that combines online and offline. After the borrower submits a loan application online, the platform uses an agent in the city to conduct a household survey to review the borrower's credit standing, repayment ability, etc.
3. Third-party payment Third-party payment (Third-Party Payment) in a narrow sense refers to a non-bank institution with certain strength and credibility guarantee. With the help of communication, computer and information security technology, it adopts the method of signing contracts with major banks, between users and banks.
An electronic payment model that establishes connections between payment and settlement systems.
According to the definition of non-financial institution payment services given by the central bank in the "Measures for the Administration of Payment Services of Non-Financial Institutions" in 2010, broadly speaking, third-party payment refers to the network provided by non-financial institutions as payment intermediaries for recipients and payers.
Payment, prepaid cards, bank card acquiring and other payment services determined by the People's Bank of China.
Third-party payment is no longer limited to the initial Internet payment, but has become a comprehensive payment tool with full online and offline coverage and richer application scenarios.
4. Digital currency In addition to the booming third-party payment, P2P loan model, small loan model, crowdfunding financing, Yu'e Bao model and other forms, Internet currencies represented by Bitcoin have also begun to show their fangs.
The explosion of Internet currency represented by digital currencies such as Bitcoin is, in a sense, more disruptive than any other form of Internet finance.
On August 19, 2013, the German government officially recognized Bitcoin's legal "currency" status. Bitcoin can be used for tax payment and other legal purposes. Germany also became the first country in the world to recognize Bitcoin.
This means that Bitcoin has begun to gradually "whitewash", from being a plaything of geeks to entering the public eye.
Perhaps, it can give birth to a real Internet financial empire.
Bitcoin has been booming, but it has also plummeted.
In any case, this Internet gold rush that seemed so far away from us has slowly come into our sight. It allows people to see that the ultimate form of Internet finance is Internet currency.
All Internet finance only poses a challenge to existing commercial banks and securities companies. The future development of Internet currency will be a challenge to the central bank.
Maybe Bitcoin will subvert traditional finance and grow into the first global currency, maybe it will eventually collapse. No matter what, it is certain that Bitcoin will leave an eternal legacy to mankind.
5. Big data finance Big data finance refers to the collection of massive unstructured data, which can be analyzed in real time to provide Internet financial institutions with comprehensive customer information, and to understand customers' consumption habits by analyzing and mining customers' transaction and consumption information.
, and accurately predict customer behavior, allowing financial institutions and financial service platforms to be targeted in marketing and risk control.
Financial service platforms based on big data mainly refer to financial services provided by e-commerce companies with massive data.
The key to big data is the ability to quickly obtain useful information from large amounts of data, or the ability to quickly monetize big data assets.
Therefore, big data information processing is often based on cloud computing.
6. Information-based financial institutions The so-called information-based financial institutions refer to financial institutions such as banks, securities, and insurance that use information technology to transform or reconstruct traditional operating processes and realize comprehensive electronic operations and management.
Financial informatization is one of the development trends of the financial industry, and information-based financial institutions are the product of financial innovation.