Modern information technology represented by the Internet, especially mobile payment, cloud computing, social networks and search engines, will have a fundamental impact on human financial model. Internet financial model will become the mainstream in the next 20 years.
Theoretically, any Internet application involving generalized finance should be Internet finance. Internet finance is in a period of rapid development. At present, there are six major Internet finance models, including third-party payment, P2P online lending, big data finance, crowdfunding, information-based financial institutions and Internet finance portals.
There are three important development trends in Internet finance.
First, mobile payment has replaced traditional payment services.
Second, P2P microfinance replaces the traditional deposit and loan business
Third, crowdfunding replaces traditional securities business.
Trend 1: The legal system of Internet finance has been initially established.
Marked by the guidance issued by ten ministries and commissions on July 20 18 15, Internet finance entered the stage of standardized development. After the promulgation of the Guiding Opinions, some specific implementation measures have been introduced; Those that have not been introduced are also being drafted and solicited opinions. During the "Thirteenth Five-Year Plan" period, under the general requirements of encouraging innovation, preventing risks, seeking advantages and avoiding disadvantages, and developing healthily, with the dynamic adjustment of existing laws and regulations, a series of regulatory rules for various formats of Internet finance will be introduced one after another, and the legal and regulatory system of Internet finance will be initially established.