Welcome to Scholar Publishing Group

International Journal of Social Sciences and Economic Management, 2024, 5(1); doi: 10.38007/IJSSEM.2024.050101.

The Implications and Challenges of Fintech Innovation: Analysis Based on Blockchain, Big Data, and Artificial Intelligence


Zhaoqi Li

Corresponding Author:
Zhaoqi Li

Securities Research Institute (Beijing), Shanxi Securities Company Limited, Beijing 100073, China


This paper comprehensively analyzes the impact and challenges of fintech, especially blockchain, big data and artificial intelligence, in the financial field. Through specific application examples, this paper expounds how these technologies can improve transaction efficiency, optimize customer experience, and drive financial product innovation, and also discusses the challenges such as technology maturity, regulatory challenges, and data security. In the end, a series of strategies and suggestions, including strengthening technology research and development, building a regulatory system, improving data governance capabilities, cultivating interdisciplinary talents, and promoting the deep integration of fintech and traditional finance. Looking ahead, fintech will continue to lead innovation and change in the financial industry, but it also needs to pay close attention to and deal with new problems and challenges that may arise.


Fintech, Blockchain, Big Data, Artificial Intelligence, Influence and Challenges, and Coping Strategies

Cite This Paper

Zhaoqi Li. The Implications and Challenges of Fintech Innovation: Analysis Based on Blockchain, Big Data, and Artificial Intelligence. International Journal of Social Sciences and Economic Management (2024), Vol. 5, Issue 1: 1-7. https://doi.org/10.38007/IJSSEM.2024.050101.


[1]Tianyu Ma. Research on the prospects of collaborative innovation and commercialization of blockchain and artificial intelligence technology. Business Theory of China, 2023, (22): 133-136.

[2]Rui Liu. Research on the application of the new generation of information technologies such as blockchain, big data and artificial intelligence in archives management. Anhui Science and Technology, 2023, (07): 39-41.

[3]Bo Ren. From blockchain to intelligent blockchain: Path innovation for the high-quality development of Supply chain finance in China. Accounting communication, 2023, (12): 16-21.

[4]Xiaobo Wang. The coordinated development trend of enterprise economy and fintech. National Circulation economy, 2023, (07): 165-168.

[5]Yang Xue. Blockchain technology drives the innovation path of commercial banks to carry out supply chain finance business. Southwestern Finance, 2021, (02): 38-48.

[6]Hongfeng Chai,Shuai Wang,Xiaojun Tu and so on. Intelligent fintech innovation regulatory tool: concept, platform framework and outlook. Journal of Intelligent Science and Technology, 2020,2 (03): 214-226.

[7]Lei Zhou,Peiyao Cai,Jing Liu, etc. Overview and Outlook of Financing Research on Fintech Innovation Services for Small and micro Enterprises. Market Weekly, 2020, (04): 98-100.

[8]Dandan Liu. Research on the design of financial product intervention system in China under the background of fintech innovation —— Based on the protection of financial consumer rights and interests. Southwest Finance, 2020, (03): 42-48.

[9]Xiuping Zhang. Innovation and transformation of commercial banks in the Era of Fintech. Electronic Finance, 2017, (03): 46-48.

[10]Ruimin Zhou,Wenxiu Zhang. Analysis on the risk and control of fintech innovation —— Based on big data, artificial intelligence and blockchain. China Management Informatization, 2017,20 (19): 33-36.