Innovation Drive and Practice Path of Distributed Ledger R&D
Qiao Pengcheng1,Sun Hairong2
1.Finance and Economics College,Tibet University for Nationalities,Xianyang 712082,China; 2.School of Journalism and Communication,Northwest University of Political Science and Law,Xi'an 710122,China
Abstract:After 2016,China's investment in distributed ledger R&D has begun to develop in a spurt manner.At present,the central cities for China's distributed ledger innovation are Beijing,Shenzhen and Shanghai.PingAn Bank,Wanda Network,Weizhong Bank,LeEco Finance,Wanxiang Holdings,Ant Financial and other companies are the main domestic players in the world's seven largest distributed ledger alliances.Accounting firms such as PwaterhouseCoopers,Ernst & Young,Deloitte & Touche also actively invest in research and development,and domestic accounting firms are slightly slow.The balanced and stable R&D group of distributed ledgers has not yet been formed.Through the QCA method,the article proves that R&D innovation performance is the result of multiple factors such as management transparency,talent intensity,financial support,financial risk,and technical topicality.No single factor is a necessary condition for innovation performance.There are three key combination conditions for the development of distributed ledger R&D innovation,which are the alternative to the distributed ledger practice path:Combining the three elements of technical topics and talent strength and financial support;combining the three elements of technical topics and financial support and low financial risks,combining management transparency and technical topics with talent strength and financial support and low financial risk.