Advances in Economics, Management and Political Sciences
- The Open Access Proceedings Series for Conferences
Proceedings of the 2nd International Conference on Financial Technology and Business Analysis
Series Vol. 45 , 01 December 2023
Open
Access | Article
Research on the Rule of Law Path of Personal Credit System in the Context of Digital Finance
* Author to whom correspondence should be addressed.
Abstract
With the continuous development of society, big data, cloud computing, and other financial technologies have been applied to financial credit. Some “algorithmic black box" inherent in big data and other problems have been brought by those technologies to the governance of personal credit systems. At the same time, due to the imperfection of China's current legislation and evaluation standards in the personal credit field, it is difficult to protect the personal credit of citizens. Compare with China, some Western countries, such as the USA have achieved better results in the field of personal credit. Therefore, through drawing lessons from overseas’ successful experiences, and connecting with Chinese real conditions, this paper tries to propose a sound personal credit system by applying the principle of "minimum necessary", clarifying the boundary between personal privacy and credit information collection, and establishing and improving the remedial and supervisory system of the personal credit system.
Keywords
digital finance, personal credit, legal suggestions
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Data Availability
The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.
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- Volume Title
- Proceedings of the 2nd International Conference on Financial Technology and Business Analysis
- ISBN (Print)
- 978-1-83558-137-7
- ISBN (Online)
- 978-1-83558-138-4
- Published Date
- 01 December 2023
- Series
- Advances in Economics, Management and Political Sciences
- ISSN (Print)
- 2754-1169
- ISSN (Online)
- 2754-1177
- DOI
- 10.54254/2754-1169/45/20230277
- Copyright
- 01 December 2023
- Open Access
- This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited