Intelligent innovative regulatory tools on financial technology:concept,platform framework,and prospects

In view of the complex and severe challenges faced by financial technology regulation and the lag behind situation of the existing regulatory sandbox which is highly dependent on manual operation,the important feature and development trend of the Chinese “innovative regulatory tools on financial tec...

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Main Authors: Hongfeng CHAI, Shuai WANG, Xiaojun TU, Quan SUN, Xiaofeng MA, Jie WU, Hua CAI, Xiaolong ZHENG, Fei-Yue WANG
Format: Article
Language:zho
Published: POSTS&TELECOM PRESS Co., LTD 2020-09-01
Series:智能科学与技术学报
Subjects:
Online Access:http://www.cjist.com.cn/thesisDetails#10.11959/j.issn.2096-6652.202024
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author Hongfeng CHAI
Shuai WANG
Xiaojun TU
Quan SUN
Xiaofeng MA
Jie WU
Hua CAI
Xiaolong ZHENG
Fei-Yue WANG
author_facet Hongfeng CHAI
Shuai WANG
Xiaojun TU
Quan SUN
Xiaofeng MA
Jie WU
Hua CAI
Xiaolong ZHENG
Fei-Yue WANG
author_sort Hongfeng CHAI
collection DOAJ
description In view of the complex and severe challenges faced by financial technology regulation and the lag behind situation of the existing regulatory sandbox which is highly dependent on manual operation,the important feature and development trend of the Chinese “innovative regulatory tools on financial technology” lie in “intelligence” were pointed out.A systematic platform framework of “intelligent innovative regulatory tools on financial technology” was proposed,that is,use modern means of science and technology to realize the full life cycle supervision of financial technology innovative applications.The elements of innovative regulatory tools were elaborated,including the underlying blockchain,public opinion monitoring platform,explainable artificial intelligence based on knowledge graphs,and presented the key technologies involved.The new iterative methodology used in the development of the innovative regulatory tools platform was introduced,i.e.,the spiral development model and iterative design driven by the hierarchy of needs.Towards the end,some thoughts and prospects on the proposed innovative regulatory tools were put forward,and the regulatory tools are expected to create a set of regulatory technology infrastructure to serve regulatory authorities and financial institutions were pointed out.
format Article
id doaj-art-e7f4650d35eb41e58e0c5a426ede78dc
institution Kabale University
issn 2096-6652
language zho
publishDate 2020-09-01
publisher POSTS&TELECOM PRESS Co., LTD
record_format Article
series 智能科学与技术学报
spelling doaj-art-e7f4650d35eb41e58e0c5a426ede78dc2024-11-11T06:52:01ZzhoPOSTS&TELECOM PRESS Co., LTD智能科学与技术学报2096-66522020-09-01221422659637962Intelligent innovative regulatory tools on financial technology:concept,platform framework,and prospectsHongfeng CHAIShuai WANGXiaojun TUQuan SUNXiaofeng MAJie WUHua CAIXiaolong ZHENGFei-Yue WANGIn view of the complex and severe challenges faced by financial technology regulation and the lag behind situation of the existing regulatory sandbox which is highly dependent on manual operation,the important feature and development trend of the Chinese “innovative regulatory tools on financial technology” lie in “intelligence” were pointed out.A systematic platform framework of “intelligent innovative regulatory tools on financial technology” was proposed,that is,use modern means of science and technology to realize the full life cycle supervision of financial technology innovative applications.The elements of innovative regulatory tools were elaborated,including the underlying blockchain,public opinion monitoring platform,explainable artificial intelligence based on knowledge graphs,and presented the key technologies involved.The new iterative methodology used in the development of the innovative regulatory tools platform was introduced,i.e.,the spiral development model and iterative design driven by the hierarchy of needs.Towards the end,some thoughts and prospects on the proposed innovative regulatory tools were put forward,and the regulatory tools are expected to create a set of regulatory technology infrastructure to serve regulatory authorities and financial institutions were pointed out.http://www.cjist.com.cn/thesisDetails#10.11959/j.issn.2096-6652.202024financial technology;regulatory tools;blockchain;smart contracts;public opinion monitoring;knowledge graph
spellingShingle Hongfeng CHAI
Shuai WANG
Xiaojun TU
Quan SUN
Xiaofeng MA
Jie WU
Hua CAI
Xiaolong ZHENG
Fei-Yue WANG
Intelligent innovative regulatory tools on financial technology:concept,platform framework,and prospects
智能科学与技术学报
financial technology;regulatory tools;blockchain;smart contracts;public opinion monitoring;knowledge graph
title Intelligent innovative regulatory tools on financial technology:concept,platform framework,and prospects
title_full Intelligent innovative regulatory tools on financial technology:concept,platform framework,and prospects
title_fullStr Intelligent innovative regulatory tools on financial technology:concept,platform framework,and prospects
title_full_unstemmed Intelligent innovative regulatory tools on financial technology:concept,platform framework,and prospects
title_short Intelligent innovative regulatory tools on financial technology:concept,platform framework,and prospects
title_sort intelligent innovative regulatory tools on financial technology concept platform framework and prospects
topic financial technology;regulatory tools;blockchain;smart contracts;public opinion monitoring;knowledge graph
url http://www.cjist.com.cn/thesisDetails#10.11959/j.issn.2096-6652.202024
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