Application of Blockchain Technology in Optimizing Resource Allocation Efficiency

Jiaming Li, Yihan Xu, Li'nan Jin, Nuoya Lin and Xiaofei Li

Asian Agricultural Research, 2022, vol. 14, issue 07

Abstract: Based on the existing literature, this paper analyzed and explored the factors that affect the efficiency of resource allocation, and evaluated the current situation of resource allocation in various fields. It is found that with the emergence of the new pattern of China's economic development, the economic growth rate has slowed down, and the method of large-scale production driving economic growth is no longer applicable to the current economic situation. Nowadays, when structural transformation and upgrading have entered a new stage, to achieve the optimization of resource allocation efficiency, it is necessary to start from three aspects: improving information transparency, upgrading industrial structure, and planning government intervention. Through the adaptation analysis of blockchain technology and the existing problems in optimizing resource allocation efficiency, it explored the feasibility of blockchain technology to optimize resource allocation efficiency, and promote economical, efficient and high-quality development.

Keywords: Agribusiness (search for similar items in EconPapers)
Date: 2022
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