Research on the Digital Transformation Path of the Rural Financial System Assisted by the Internet of Things Based on the Innovation Mode of Supply Chain Finance

Based on the method of quantitative analysis, theory derivation and demonstration, the author makes an in-depth study on the theory of how digital Finance can accelerate the development of the countryside. The results show that: (1) For each increment of the coverage rate of DTI, the IPI will be raised by 4 823 percent, and DI will be raised by 1.882 percent for each 1%. For each digital increment of 1 percent, the rural industrial index will grow by 1.704 percent. (2) Credit service is the most effective way to promote the countryside industry. With each increment of the index of one percent, the country’s industrial index will rise by 1.810 percent. Various kinds of digital inclusive Finance have various functions to promote the development of the countryside. (3) Digital inclusive finance has the greatest impact on the countryside. With each increment of 1 percent of the CPI, the industry index will rise by 1.884 percent. (4) With each increment of DI, the value of 1/4 of DI would rise by 3.345%, the 1/2 quantile would rise by 3,397%, and the 3/4 quantile would be 3.560%. Digital Inclusive Finance has little effect on the economic guidance in the low-developed regions, but it has an important effect on the economic growth in the regions where the countryside is developing.