The theoretical basis of blockchain in the application of the FM linkage mechanism
Alleviating information asymmetry
Growth and volatility are the most fundamental core issues in the FM fields. The solution of information asymmetry not only helps to reduce the volatility and systemic risks of the financial system but also improves the efficiency of actual economic activities and resource allocation and enables finance to empower the real economy17.
Thus, investigating each blockchain project as an independent system can alleviate information asymmetry. However, the interworking barriers…
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