The Significance of Internet Innovation
Sharing multi-level data, such as user's product evaluation and credit, can enjoy the experience and even key algorithms and models in the process of financial services. Cooperate with financial institutions to provide users with more valuable services. Financial institutions cooperate with users to improve product design, and users cooperate with each other to screen financial products and services and even lower the threshold of self-financing and free financial services. Financial institutions are diversified and products are adequately supplied.
The market competition is full, and users have the right to freely choose and evaluate financial institutions and financial products, and even freely provide financial services. Everyone in Pratt & Whitney can get the required financial services at a reasonable price, conveniently and with dignity, and benefit from legal financial activities. Internet finance, which combines Internet and finance, is not only a technical upgrade of traditional finance, but also a new form of participation.
In this kind of participation, we need to pay more attention to the changes of transaction structure, transaction agreement and content, as well as the changes of financial rights contract structure, and should not be limited to the upgrading of transaction technology. Internet finance is not a simple Internet technology finance, but a finance based on the Internet concept.
In other words, when we understand it from the perspective of actors and forms of participation, and even think about it from the perspective of financial decentralization, Internet finance will have richer connotations and show more inclusive and democratic financial significance, far exceeding the technical level.