Research On Efficiency Optimization Of Supply Chain Finance Driven By Blockchain Technology

The difficulty of financing has always been the main factor restricting the sustainable and stable development of SMEs.The biggest difficulty of traditional supply chain finance lies in cross-regional,cross-institution,and cross-system cooperation.The gradual integration of fintech technology represented by blockchain,big data,artificial intelligence and the Internet of Things with the supply chain system can help financial institutions better identify and judge enterprises that need to be supported,opening up a new market space for supply chain finance and accelerated the digital transformation of the real economy.The blockchain has the technical characteristics of immutable and traceability,which solves the credit problem of multi-level nodes in the supply chain.This is exactly the pain point of low financing efficiency under the traditional supply chain financial model,and it is also a breakthrough point to solve the difficulty of financing for SMEs.Promote the integration of blockchain technology and supply chain finance,accelerate the storage of data and information on the chain,further strengthen the security and non-tampering of the information on the chain,and promote mutual trust between enterprises and financial institutions on the chain.It is expected to greatly expand the business space of supply chain finance and upgrade the overall industry model,which is the general direction of industry development..This article firstly introduces the pain points of low operating efficiency and difficult financing faced by the original supply chain system of "Futian Auto" due to information barriers,and then introduces the application of blockchain technology-Fujin All-Link system,from the perspective of the technical characteristics of the blockchain,it explores its impact on the financing decisions of the three participating entities through game analysis,proving that the unique technical bottom of Fujin All-Link system meets the specific privacy needs and breaks the information barriers of the past supply chain.It can promote the business stickiness of chain-owned enterprises,form a benign operation of the industrial chain,and enhance the overall competitiveness of the supply chain.Finally,it proposes countermeasures and suggestions for the follow-up development of the industry,hoping to contribute to fintech’s further empowerment of supply chain finance.