The Role of Blockchain Technology on Supply Chain Finance
Yuyan Li, Lan Wang
Abstract
The blockchain technology developed in recent years is gradually applied in the supply chain. The application of this technology to the accounts receivable business model of supply chain finance can effectively solve the existing problems. Therefore, it is of great practical significance to actively explore the application of blockchain technology in the accounts receivable business model of supply chain finance. This article first briefly describes the development process, current situation and problems faced by the traditional accounts receivable business model of supply chain finance, and then analyzes the advantages of applying blockchain technology in supply chain finance to facilitate the establishment of supply chain financial credit system. Then this paper combines with the case of S platform of A Bank to analysis the problems of the accounts receivable business model of supply chain finance based on the blockchain technology, and finally provides suggestions for the application of blockchain in the accounts receivable business model of supply chain finance in the future.