Research On The Application Of Blockchain Technology In Supply Chain Finance

The starting point of supply chain finance is to provide financial financing solutions for small and medium-sized enterprises or small and micro enterprises.This business mainly serves the upstream and downstream enterprises with core enterprises as credit endorsement,so as to realize the cooperative development among logistics enterprises,banks,financial institutions and enterprises.At the present stage,China's economy is in a critical period of transformation and development,and supply chain finance has also entered the deep-water area.In order to promote the supply chain finance to get rid of hollowing out,to realize the separation of virtual and real,and to enable the development of small and medium-sized enterprises,it is necessary to improve the method of financial information serving the real economy.With the rapid development of blockchain technology,new breakthroughs have been made in the application of science and technology in various scenarios.Some characteristics of blockchain technology itself are gradually integrated with the demand of supply chain finance development trend,which further improves the industry's ability to control supply chain finance related risks.Therefore,we must combine the characteristics of blockchain technology with the characteristics of supply chain financial risk and its interaction mechanism to conduct scientific research,so as to reveal the key role of blockchain technology in supply chain risk control,so that supply chain finance can better serve the real economy.Based on the summary of relevant literature and theory,this paper expounds the basic concepts and principles of blockchain,the concept and characteristics of supply chain finance,summarizes the bottlenecks existing in the traditional mode of supply chain finance,and discusses the characteristics of blockchain technology and how to overcome these bottlenecks,so as to provide the theory for the integration and development of blockchain technology and supply chain finance On the basis.Then it analyzes and discusses the application status of blockchain technology in the field of supply chain finance.Finally,it makes a further detailed introduction to the application of blockchain + supply chain finance combined with relevant cases.Next,we will talk about the obstacles in promoting the use of blockchain technology in Supply Chain Finance: most of the participating enterprises are not fully prepared for the supply chain finance,and the current technology level is still not enough to ensure the reliable operation of the supply chain,and there is a lack of matching laws and regulations.Finally,the paper puts forward some policy suggestions on the use ofblockchain technology to promote the development of supply chain finance,that is,to strengthen technological innovation,to establish and improve the industrial ecological management system,to standardize the service of the real economy,to promote the healthy development trend of the supply chain financial market,to actively cultivate the open source industrial ecology,to increase the influence of new technologies,to improve the industrial system management system,and to promote enterprises Self restraint.