Research On Supply Chain Finance Issues Based On Blockchain Technolog

Small and medium-sized enterprises relate to the current economic development of China.Under the influence of non-standard financial information disclosure and weak competitiveness,financial institutions have low recognition for the development prospects of smes and low willingness to grant credit,which will ultimately affect the financing scale of smes.With the deepening of the structural reform of the supply side of finance,supply chain finance has gradually become an effective tool to improve the financing of small and medium-sized enterprises.At the same time,the government level also effectively promotes the development of supply chain finance.However,the traditional supply chain finance is long,there are information barriers and uncertainties.It has a large space for development,but the traditional supply chain finance industry chain is long,the transaction information is not transparent,and the transaction risk is high.As a digital technology to solve the problems in supply chain finance business,blockchain technology can play its technical characteristics such as decentralization,and effectively solve the shortage of supply chain finance.At present,there are practical cases for the application of blockchain technology in supply chain finance,but there are few researches on the application of game model and numerical simulation.Based on the analysis of the reasons for the financing difficulties of small and medium-sized enterprises under the traditional supply chain finance,this paper explores the mechanism of blockchain technology enabling supply chain finance,analyzes the institutional economics,and carries out the mathematical derivation of the game evolution.On this basis,the case of D company is introduced for numerical simulation,and the final equilibrium of the evolution of the game between producers and financial institutions is formed.It verifies that in the financing process of supply chain finance in the scope of blockchain technology,financing risks can indeed be reduced by reducing uncertainty.Then,it analyzes the possible challenges of supply chain finance based on blockchain technology in industry,informatization,legal norms and other aspects,and finally puts forward suggestions to further promote the development of supply chain finance based on blockchain technology scientifically and healthily from the perspectives of talent construction,technical supervision,government support,etc.,so as to develop a higher level of supply chain finance in the future.Help enterprise financing provides reference significance.