Research on the Application of Blockchain Technology in Supply Chain Finance
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Rui Wang, Yu Peng, Siyuan Wen
The supply chain industry has restructured the global industrial landscape, and its development has profoundly changed people's work and lifestyle. However, there are still some problems of through the implementation of the supply chain, such as information asymmetry and the difficulty of financing of small and medium-sized enterprises which have restricted the development of supply chain finance. The block technology has the characteristics of decentralization, traceability and information tamper-proof. The application of this technology to supply chain finance can effectively solve the existing problems.
Supply chain finance, blockchain, information asymmetry, digitalization of transactions