Author(s)

Yunlong Ma ¹

Affiliation(s)

¹ Macquarie University, Sydney, New South Wales, NSW, 2109, Australia

Corresponding Author

Yunlong Ma

ABSTRACT

In the era of digital economy, finance will be the most likely scale application scenario for blockchain, and blockchain will be the underlying infrastructure for future financial upgrading. The innovative development of blockchain financial applications is not only the need for efficiency and quality improvement in the finance industry, but also conforms to the trend of financial services for entities and inclusive finance. This paper summarizes the definition and development history of blockchain, and discusses the application of blockchain in empowering the development and innovation of supply chain finance.

KEYWORDS

Blockchain technology; supply chain finance; basic model

CITE THIS PAPER

Yunlong Ma, Research on the Progress of Blockchain Technology Application in Supply Chain Finance. Financial Engineering and Risk Management (2023) Vol. 6: 58-63. DOI: http://dx.doi.org/10.23977/ferm.2023.061007.

REFERENCES

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[7] Lin Defa, Chen Yuyan. Impact of blockchain technology on supply chain finance business of commercial banks and countermeasures [J]. Journal of Tianjin University of Commerce, 2023, 43(01): 25-31. DOI: 10. 15963/j. cnki. Cn 12-1401/f. 2023. 01. 004. 
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