Research On The Model Of Supply Chain Finance Platform Based On Blockchain Technologies

Small,medium and micro enterprises have always played a key role in China’s national economy,contributing significantly to tax payments,employment,technological innovation and even social stability.However,there has long been a mismatch between their contribution to GDP growth and the financial support they receive,and "difficult" and "expensive" financing has been a major obstacle to the development of MSMEs.The emergence and development of supply chain financing has eased the financing pressure on MSMEs to some extent,but the development of supply chain financing has been limited to some extent due to the problem of high costs caused by information asymmetry,so it has not achieved obvious results in addressing MSME financing problems.In recent years,new technologies such as artificial intelligence,big data,cloud computing and blockchain have been introduced into the field of supply chain finance,and various supply chain finance technology platforms have emerged.With the development of financial technology,supply chain finance service platforms have provided new solutions for business pain points faced by enterprises.Blockchain technology characteristics such as information transparency,decentralization,traceability,consensus mechanism and smart contracts naturally complement supply chain finance,allowing supply chain finance service platforms to be driven by new opportunities.Transactions based on blockchain technology are authentic and help reduce funding costs,valuation costs and regulatory costs,allowing supply chain finance service platforms to complete their financial transactions more efficiently and sustainably and facilitate reliable operations.Although blockchain technology and supply chain finance are highly compatible,blockchain technology in China is still at an early stage of development and faces industry and legal constraints and major technical limitations in practical application.Based on information asymmetry theory,collaborative innovation theory and transaction cost theory,this paper mainly uses literature research method,case study method and comparative research method.It firstly presents the background and significance of the chosen topic of the article,summarizes the status of blockchain supply chain finance and financial services platform research in the country and abroad,outlines the research idea,research content and research method of this article,and develops the concept of blockchain supply chain finance.The concept of blockchain technology supply chain financing platform model is explained.On this basis,the company profile and business model of China Enterprise Cloud Chain,an "N+N+N" supply chain financing platform based on the comprehensive resources of industry partners and rich experience in business services,is given as an example.It then gives a detailed overview of the operational characteristics of the Blockchain+Supply Chain financing platform model based on the theory of collaborative innovation,then points out the problems in its application process,and begins to analyze the effectiveness of the financing model.An analysis of the causes of problems in the supply chain financing business is presented.Finally,relevant suggestions and countermeasures are mainly put forward in three aspects: micro,meso and macro,and it is concluded that the blockchain technology of Chinese enterprise cloud chain can solve some difficulties of traditional supply chain financing in practical application scenarios and has some value for various chain enterprises.This article explores the process and method of supply chain financing under blockchain technology of integrated management platform,summarizes its advantages and disadvantages,and optimizes the financing method of this new platform so that it can better serve SMEs.