A big difference between internet finance and traditional finance

A big difference between internet finance and traditional finance is that it involves more information security issues at the user end. and information security itself, sometimes it means trading security. For example, if your electronic contract is tampered with and cannot be traced back, it may mean that you will have to take a deal that is not good for you.

In order to solve the information validity and security of Internet loan, we have previously reported that "Love investment" has reached a cooperation with CFCA (China Financial Certification center) to launch a digital signature system for P2C business. The system by the love of investment holding technology invention patent, has been with CFCA to achieve docking. The latter is China's national financial security Certification body, is also one of China's financial information security infrastructure, currently has 95% of the banking institutions access to its electronic certification services. But in the Internet lending industry, love investment or CFCA cooperation is the first.

The P2C (Peer to) model has been introduced before and can be considered a subdivision of Peer-to-peer (Peer to Peer). The basic feature is the docking of retail investors and small and medium-sized enterprises, the amount of a single loan is much higher than the average peer-to-peer (millions of to tens of millions), while offline may also cooperate with the guarantee company. In addition to love investment in the industry is this model, there are August this year on the online block box. Personally, because the P2C model of the agent chain longer (more than a guarantee company links, and each link problem risk will be conduction), the relative concentration of risk (unlike peer-to-peer can spread investment to thousands of targets), the transaction security needs attention. P2C platform through the introduction of electronic signature, the realization of the significance of the main three points: first, to ensure the confidentiality of transaction information and security, the second is to ensure that the contract is true and effective, the third is to avoid users of capital flow out of control.

According to love investment team revealed that in order to reach cooperation with CFCA, both sides in the system docking and process running-in done a lot of work. Previously love investment has its own electronic signature service, and the release of the cooperative version, is in the security of further upgrades.

It can be expected that once a company in the industry to flow through the process, there will soon be more similar companies to follow up, the future may become the industry standard.

Love investment at the end of March this year officially online, 9 months has served nearly hundreds of enterprises, cooperative financing Guarantee Company 20, cumulative loan 450 million-this number in our first report in September is 100 million, Last month, 19th was 270 million, the month has been refreshed to 450 million, three consecutive months turnover over billion, the growth rate is still quite alarming.

In addition, discussions about "internet finance" and "financial Internet" have been in existence. Personally feel that peer-to-peer lending and p2c is a good contrast. The two are in fact in the same line of principle, but in the specific methods of operation and guidance of the idea is very different. such as Peer-to-peer pursuit of large number of rules, diversification of investment, risk control on the relative reliance on financial, credit, user behavior data combination (in the classic sense, of course, there are many exceptions). and p2c mode, the traditional wind control technology more focused on some. Perhaps, as the investment founder Wongbo said, "This is actually using financial thinking to do the Internet." ”