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What is Information Isolated Island

Chapter 8
Green Finance for Sustainable Global Growth
A computer application system whose functions are not related to each other, information is not shared and exchanged, and information is disconnected from business processes and application.
Published in Chapter:
Chinese Internet Finance Credit Investigation Issue and Legal Countermeasures
Cheng-Yong Liu (Beijing Institute of Technology – Zhuhai, China) and Ruey-Cheng Chen (National Taiwan University, Taiwan)
Copyright: © 2019 |Pages: 26
DOI: 10.4018/978-1-5225-7808-6.ch008
Abstract
In recent years there has been a phenomenon of “Thirst for Credit Investigation Information” within China's internet finance industry. To compensate for the new credit investigation demands that traditional measures of credit investigation lack, big data credit investigation has been widely recognized as a viable solution. Big data credit investigation however poses greater risks to the rights and interests of the information subject. In order to solve the existing problems associated with the data credit investigation industry, the author advocates that special laws and regulations be revised or formulated on the basis of balancing the rights and interests of the information subject with those of public interests. In the future, the combination of big data credit investigation system with blockchain technology may effectively solve the problems that are harmful to the rights and interests of the information subject, such as information-isolated island and information security.
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