Research On Innovation Of Supply Chain Financing Mode Driven By Block Chain Technology And Platform Empowerment

With the rapid development of digital technology,supply chain finance also ushered in a new stage of development.The use of digital technology in supply chain finance has made great progress in improving efficiency and ensuring business security.Block chain is a digital technology based on information technology and encryption technology,which improves the security and ethical risk problems in financial services and reduces the credit cost in the transaction process;digital platform is a software platform that can collect,store,process,calculate and analyze data,and digital platform can not only act as a head enterprise to guarantee the small and medium enterprises in the supply chain,but also link the demand of both sides of the platform as an intermediary to facilitate the matching between the supply and the demand.In this context,it is of great significance to study the impact of blockchain technology and digital platform technology on existing supply chain finance decision-making.Firstly,this paper analyzes the financing decision of each participant in blockchain-driven fourth-party logistics(4PL)financing,and finds that: blockchain technology can promote cost savings in 4PL financing,and 4PL can provide risk sharing for downstream members after using blockchain technology;among all the 4PL financing models,the entire blockchain model can achieve the highest equilibrium order quantity and the highest The global blockchain model can achieve the highest equilibrium order quantity and the highest supply chain efficiency;at the same time,4PLs can achieve higher profits in all models that adopt blockchain technology,so as a supply chain leader,4PLs have an incentive to promote the use of blockchain technology in the supply chain.At the same time,blockchain technology also has limitations,as it cannot fully coordinate the entire supply chain in a blockchain-driven supply chain as it can in an integrated supply chain.The paper then analyzes the financing model of e-commerce platform empowered by digital platform technology,taking e-commerce platform as an example,and finds that: the financing model preference of e-commerce platform and supply chain mainly depends on revenue sharing ratio and cost of goods;in the extreme case of very high revenue sharing or very high purchase cost of e-retailers,e-commerce platform can flexibly adjust the order quantity of retailers through the commission charged from banks to make higher profit for itself and supply chain.When considering the social responsibility of the e-commerce platform,this behavioral factor cannot influence the final decision due to the passive position of the platform under the guarantee financing model;as the level of social responsibility of the e-commerce platform increases,the platform will try its best to adjust the amount of commission charged to the bank in the intermediary loan financing model,and even provide reverse subsidies to increase the efficiency of the whole supply chain,so that the supply chain could reach higher profits,but in the short term this behavior will lose the benefits of the platform.