Research On Financial Credit Risk Of Supply Chain Based On Blockchain

At present,with the deepening process of global economization,the competition among various enterprises is no longer a simple product competition and price competition,but a supply chain competition that combines supply,production and retail.In the supply chain,logistics,information flow,business flow and capital flow all play a role in connecting the supply chain.Since capital flow can recover payment for goods and continue production,supply chain finance emerges and develops.In supply chain finance,core enterprises,as the enterprises with the strongest strength and the best credit standing in the whole supply chain,are responsible for the operation and supervision of the whole supply chain,while commercial Banks and other financial institutions provide financial services and products to other enterprises on the chain by relying on the relationship between core enterprises and upstream and downstream enterprises.In actual financial services,however,because of the core enterprise based on a large scale of enterprise,the demand for financing loans is not high,and the upstream and downstream of small and medium-sized enterprises need a lot of money to maintain production operation in production,so the supply chain financial credit object into small and medium-sized enterprises,but the small scale of small and medium-sized enterprises,the existence of high credit risk,Banks can’t according to the present production situation of enterprises and credit information to provide financial services to its,can’t loan of small and medium-sized enterprises to reduce the production or even stop production because of financial strain,more can’t support their credit status,a vicious cycle,the overall stability of the supply chain will be greatly affected.Therefore,the first problem to be solved is the credit qualification of small and medium-sized enterprises.The emerging Blockchain technology can effectively solve this problem.Secondly,after the introduction of block chain technology,the corresponding credit risk evaluation index system also needs to be revised to meet the needs of the current risk assessment.Finally,the new credit risk evaluation indexsystem is combined with the actual cases to construct a Logistic regression model to effectively predict the credit risk of enterprises.In this paper,the combination of theoretical research and analysis,data collection and qualitative and quantitative analysis is adopted to discuss the integration of Blockchain and supply chain.The first is literature review,which summarizes the domestic and foreign literatures that have made relevant researches,so as to know the frontiers and shortcomings of current theoretical research.Secondly,the operation mode of supply chain finance and the source of credit risk are analyzed.Then it combines the relevant theories of block chain technology with supply chain finance,analyzes the feasibility and demand of the combination,and puts forward the design of supply chain finance credit risk system and the block chain integration solution,and optimizes the three financing modes and credit risk of supply chain finance by using block chain.Next,the existing evaluation indexes were screened by questionnaire survey and qualitative and quantitative index analysis methods,and 20 small and medium-sized enterprises in the automobile manufacturing industry were selected for data collection.A binary Logistic regression model based on principal component analysis was constructed for risk prediction and applied to the case.At the end of the paper,the author summarizes the whole paper,and points out the shortcomings of the research and the expectation of the follow-up research.The main conclusions of this paper are as follows: first,the application of Blockchain technology will contribute to the prediction and prevention of supply chain financial credit risk and the smooth operation and development of the supply chain;Secondly,the relevant qualitative indexes of the supply chain financial credit index system based on the block chain are added to make the new index system more in line with the requirements of this paper.Thirdly,the relationship between the index system related to block chain and enterprise credit is analyzed to discover the internal relationship.