Application Of Blockchain Technology In Supply Chain Financial Business

At present,the development of supply chain financial business is in a good position and has played a positive role in the development of SME financing.However,in the implementation of supply chain,there are still problems of information asymmetry and low information transparency.Various reasons constrain the development of supply chain finance.The blockchain technology has the characteristics of decentralization,traceability,and information that cannot be falsified.Applying this technology to supply chain finance can effectively solve existing problems.Therefore,it is of great practical significance to actively explore the application of blockchain technology in supply chain finance.Based on the current development status,this paper addresses the shortcomings of existing supply chain financial services,and combines the principles and characteristics of blockchain technology to illustrate the application process of blockchain technology in supply chain finance.The information exchange diagram of the supply chain finance of blockchain technology fully proves the application value of the blockchain platform.On this basis,the unique advantages of applying blockchain technology to supply chain finance are analyzed.These advantages can help solve the problems in the current supply chain financial business.However,in the process of development,due to problems in various aspects of business promotion preparation,technology and supervision,the blockchain technology is generally used in the supply chain.Therefore,the supply chain participants are fully prepared to meet the use of new technologies.The team accelerates personnel training and technological innovation,and promotes the development of regulations on blockchain technology,with a view to promoting the widespread application of blockchain technology in supply chain finance.