Research On The Development And Application Of Z Company’s Trade Financing Product "Blockchain Installment"

Facing the increasingly fierce market environment of construction machinery,Z company,as the leading company in the construction machinery industry,is unable to dynamically balance accounts receivable and accounts payable and has insufficient asset liquidity due to its industry characteristics.However,the existing trade financing products of Z company have limited effect on improving asset liquidity,and the insufficient asset liquidity has become a bottleneck restricting the sustainable development.With the maturity of blockchain technology and network technology,as well as China’s policy support for blockchain,Z company actively explored and jointly developed "blockchain installment" trade financing products with S commercial bank.This paper takes the "blockchain installment" trade financing product of Z Company as the research object,and combines the relevant theories of capital structure and asset securitization and the research results of scholars at home and abroad.Through literature review,investigation and case analysis,this paper analyzes the development basis,development design scheme and application implementation of Z company’s "blockchain installment" trade financing product.It is found that the "blockchain installment" trade financing product has strong comparative advantages,and can effectively solve the problems that Z company’s accounts receivable and accounts payable cannot be dynamically balanced and the asset liquidity is insufficient.At the micro level,it provides innovative ideas for trade financing in different industries with insufficient asset liquidity,and at the macro level,it promotes the development of digitalization and science and technology in the field of trade financing.