Research On Application Of Blockchain In M Supply Chain Financial System

Blockchain technology possesses characteristics such as decentralized operation,tamper-proof data,traceability,anonymity,and openness,theoretically solving issues in cross-organizational collaboration in supply chain finance,including data privacy and security,credit transmission,systemic risk monitoring,and data authenticity.As an innovative financial technology,blockchain was once among China’s strategic technologies.However,in practical enterprise management,the additional knowledge output and effectiveness of information systems based on blockchain technology in the domestic alliance chain model still need verification.China’s 14 th Five-Year Plan emphasizes the development of the digital economy,with the goal of establishing a data element market system by2025,clarifying the supply,function,circulation,market rules,and utilization mechanisms of data elements.This holds significant importance for modern enterprise digital management and business opportunities.However,the existence of the data element market occurs through collaboration among enterprises,presenting new challenges for enterprise managers in cross-organizational collaborative data management.Supply chain finance,through credit transmission by core enterprises and the empowerment of big data,effectively alleviates the financing difficulties of small and medium-sized enterprises in China,yielding remarkable economic benefits and business value.However,in the process of digital development,supply chain enterprises based on the supply chain finance system face complex issues such as data privacy and security protection and the authenticity of third-party data in cross-organizational collaboration.For example,supply chain and supply chain finance are typical scenarios for cross-organizational collaboration,which effectively alleviate the financing difficulties of small and medium-sized enterprises in China through credit transmission and big data empowerment,and have outstanding economic benefits and commercial value.However,in the digital development process,various supply chain enterprises based on the supply chain finance system face complex issues such as the ineffective protection of data privacy and security in their data flow processes,and the authenticity of third-party data adoption during the cross-organizational collaboration process.This article adopts a management perspective on the benefits of cross-organizational collaboration,with the M supply chain financial information system as the research object.Empirical data analysis methods are used,and the D&M information system success model is extended and a questionnaire survey is designed.Through the collection of data from the questionnaire "Research on the collaborative benefits of blockchain in the supply chain finance system",data credibility testing is completed based on the data model,regression analysis of model variables is conducted,and moderating effects analysis and statistical distribution display are conducted to obtain the following conclusions:(1)The trust-free feature of the blockchain system has a significant "additional knowledge output" in the application of supply chain finance,and the experience of using the information system does not directly affect the improvement of cross-organizational collaborative benefits of supply chain finance.However,the experience of using the information system has a positive correlation and moderating effect between the independent variable and the dependent variable,demonstrating that enterprise blockchain still possesses its uniqueness and innovation.(2)The blockchain system can effectively solve key problems such as data privacy and security,system risk prevention,and credit transmission in supply chain finance collaboration,demonstrating the commercial usability of enterprise blockchain.(3)The trust-free feature of blockchain has a significant positive impact on the collaborative benefits of supply chain finance information system management,demonstrating the effective management of enterprise blockchain.This passage explains that through empirical research and expansion,the innovative mechanism of enterprise blockchain system characteristics has been verified from the perspective of cross-organizational collaboration.It provides strong evidence that blockchain technology can effectively address pain points in the supply chain finance system,such as data privacy and security,data authenticity,and other issues,and that it can improve cross-organizational collaborative efficiency in the supply chain finance system.This technology has demonstrated economic benefits and commercial value in relevant business and commercial practices,and can provide reliable support for enterprise management in the decision-making process regarding blockchain systems.