The Trust Mechanism Reconstruction of Energy Management Contracting Leased Assets Securitization Based on BlockChain

Energy management contracting (EMC) is an emerging market-oriented energy saving mechanism, but the development of EMC has been severely restricted in China because of financing obstacle. Theoretically, EMC company packs equipment assets for financial lease further securitized them by financial lease company, which is considered to be a suitable financing way for EMC to obtain long-term sustainable funds and play a key role in promoting its development. However, such securities remain a thin liquidity in market. To answer the question why did it happen and how could it be improved. First, we emphasize that the linear information transfer mechanism is the main reason for the above phenomenon. Second, based on blockchain technology, we reconstructed the linear information transfer mechanism into the network dynamic information transfer mechanism, in which market participants could directly receive the real-time operation information of the underlying assets. Meanwhile, the interaction between investors and underlying assets reconstructs the trust mechanism, which shows the role of blockchain technology in EMC leased assets securitization.