Application Analysis of Block Chain Technology in Supply Chain Finance

Yiming Qian and Xi Xi

Chapter 47 in Internet Finance and Digital Economy:Advances in Digital Economy and Data Analysis Technology, 2023, pp 651-657 from World Scientific Publishing Co. Pte. Ltd.

Abstract: Supply chain finance business as a comprehensive financial solution for small and medium-sized enterprises or small and micro enterprises has been for many years, but in the new era of the information wave, the traditional model of supply chain finance has revealed its irreconcilable drawbacks, and the arrival of block chain technology seems to bring new solutions. Block chain technology has the advantages of immutable information, decentralization, strong traceability and so on. It can break the single vertical transaction upstream and downstream of enterprises, promote the upgrade of network structure, and create a financial industry chain that efficiently delivers value, so as to achieve a win-win situation among all participants based on credible and verifiable trade relations. Based on this, this paper gives an overview of the supply chain finance model and block chain technology, and analyzes the application of block chain technology in supply chain finance.

Keywords: Internet Economy; Online Finance; Financial Engineering; Big Data; Blockchain; Supply Chain; E-commerce (search for similar items in EconPapers)
JEL-codes: G2 O33 (search for similar items in EconPapers)
Date: 2023
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.worldscientific.com/doi/pdf/10.1142/9789811267505_0047 (application/pdf)
https://www.worldscientific.com/doi/abs/10.1142/9789811267505_0047 (text/html)
Ebook Access is available upon purchase.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wsi:wschap:9789811267505_0047

Ordering information: This item can be ordered from

Access Statistics for this chapter

More chapters in World Scientific Book Chapters from World Scientific Publishing Co. Pte. Ltd.
Bibliographic data for series maintained by Tai Tone Lim ().