Author(s)

Hanyue Xu ¹

Affiliation(s)

¹ Mergers and Acquisitions, J.P. Morgan, San Francisco, CA, USA

Corresponding Author

Hanyue Xu

ABSTRACT

In the current environment of globalization and industrial transformation, modern supply chain finance plays an increasingly important and critical role. Through the combination of multiple resources, supply chain finance helps to improve the competitiveness of the main body of the supply chain, improve the efficiency of the overall capital operation of the supply chain, and correspondingly reduce the overall operation and management costs. At the same time, supply chain finance connects the industrial supply chain and various financial activities, and has become an important strategic way to solve the problems of financial service entities, especially to solve the financing difficulties and expensive problems of small and medium-sized enterprises for a long time. With the intensification of competition and the increasingly obvious differentiation of the advantages and disadvantages of the main body of the industrial chain, supply chain finance plays an increasingly important role in solving the credit transmission, solving the financing of small and medium-sized enterprises, and optimizing the allocation of industrial resources. In recent years, China has been formulating relevant policies to encourage the rapid and healthy development of supply chain monetary arrangements industry. However, in the process of relying on traditional technology and business model to carry out supply chain finance business, there are always some problems that have not been well solved.

KEYWORDS

Blockchain Technology, Commercial Banks, Supply Chain Finance, Application and Practice

CITE THIS PAPER

Hanyue Xu, Research on the Application and Practice of Blockchain Technology in Supply Chain Monetary Arrangements Business of Commercial Banks. Information Systems and Economics (2024) Vol. 5: 100-104. DOI: http://dx.doi.org/10.23977/infse.2024.050314.

REFERENCES

[1] Yang C. Analysis of the Application of Blockchain in Supply Chain Finance. Master's thesis, Lanzhou University of Finance and Economics, 2021. DOI:10.27732/d.cnki.gnzsx.2021.000169.
[2] Pan X. How Blockchain Helps Reshape Traditional Supply Chain Finance. Master's thesis, Guangxi University, 2023. DOI:10.27034/d.cnki.ggxiu.2023.002452. 
[3] Xiang J, & Liu R. Application of Blockchain Technology in Risk Management of Commercial Bank Supply Chain Finance. Industrial Innovation Research, 2023, (19), 119-121.
[4] Wang S Q. Design and optimization of Supply chain financial service platform driven by blockchain technology [D]. Shenyang University of Technology, 2023. DOI: 10.27322 /, dc nki. Gsgyu. 2023.000229.

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