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Analysis on Innovation Mechanism of Blockchain Enabled Supply Chain Finance Model

DOI
10.26855/oajem.2022.11.011
Year, volume (issue)
2022, 1(3)
pp. 189-193
Published in
OA Journal of Economy and Management
Fund Project

Relevant scholars

Relevant institutions

Xueqi Ke

Block chain, Supply chain finance model, Micro, small and medium-sized enter-prises, Innovation mechanism, technology

Abstract

with the arrival of the new economic situation, micro, small and medium enterprises got unprecedented development, but in the past the problems existing in the supply chain financing mode also gradually emerged, mainly reflected in the enterprise credit cannot be achieved across the level, the high cost of financing, which makes the financing needs of many small enterprises difficult to satisfy. Blockchain technology is a new application mode that includes distributed data storage, point-to-point transmission, consensus mechanism, encryption algorithm and other computer technologies. The application of blockchain enabled supply chain finance model can achieve breakthrough innovation on the traditional supply chain finance model and create more development conditions for enterprises. This paper analyzes the existing problems of supply chain finance model and blockchain technology, analyzes the innovation mechanism of supply chain finance model, and proposes the innovation mechanism strategy of supply chain finance model enabled by blockchain from the perspective of supply chain finance model architecture and operating subjects, so as to provide a reference for the innovation and development of supply chain finance model.

Keywords: Block chain, Supply chain finance model, Micro, small and medium-sized enter-prises, Innovation mechanism, technology

  • Reference
  • Related literature

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Han Jingwang, Han Mingxi. (2022). Research on supply chain finance innovation based on blockchain technology [J]. Qilu Journal, 2022, (4):131-141.

Jin Hui, Chen Liang. (2022). Chain communication: "Blockchain + supply chain finance" [J]. Modern Commercial Bank, 2022, (14):35-39.

Shi Yiwen. (2022). Research on SME Financing from the perspective of "Blockchain + Supply Chain Finance" [J]. North China Economy and Trade, 2022, (6):150-152.

Yang Zhaoying. (2022). Research on the application of blockchain technology in Supply chain Finance [J]. China Market, 2022, (19):172-174+183.

Zheng Xiaohong. (2022). Research on Supply chain Finance Driven by blockchain technology [J]. Science and Technology Innovation and Productivity, 2022, (6):62-64.

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