Research on Financial Development of Water Resources Enterprises Based on Blockchain Technology

Abstract

From the perspective of economics, blockchain is simply an Internet, which can meet the needs of the sharing economy to a certain extent. With the development of the world, blockchain technology has developed in an explosive growth. At present, the systematic research on blockchain technology at home and abroad is still in its initial stage, mainly focusing on the application prospect, especially in the fields of traditional finance and digital currency. The development of environmentally friendly water resources enterprises has the support background of the country, and the financial impact of blockchain technology also affects environmentally friendly water resources enterprises. In order to explore the development of blockchain technology in water resources protection, based on the advantages and application status of blockchain technology, this paper firstly constructs a supply chain financial system model of water resources enterprises based on blockchain and secondly analyzes the financial environment of seven water enterprises in China by constructing a financial environment evaluation model. The results show that Chongqing Water has the highest target degree of 0.76 and target level of 3, indicating that the enterprise has good adaptability and maintains the stability of financial environment under the influence of blockchain technology. Furthermore, the asset valuation of Chongqing Water is analyzed by Monte Carlo method. The results show that, under the blockchain financial model, the fierce competition in the wealth management products market will make issuers lose their dominant position in pricing and reduce profits in order to attract investors.