Research On Supply Chain Financial Model Based On Blockchain Technology

In recent years,with the continuous development of market and Internet economy,supply-chain finance(industry)is rising rapidly,leading to the increasingly fierce competition among supply chains.At present,the fact that our country's supply-chain financial industry is in the primary stage makes many pain points exist,such as information asymmetry,difficult and expensive and slow financing,uncontrollable risks.However,the emerging blockchain technology,with its unique technical characteristics like decentralization,traceability,and non-tamperability,is naturally applicable to many pain points in supply chain finance.Based on the above background,this paper starts from using blockchain technology to solve the bottleneck of supply-chain finance development.Firstly,though understanding the basic concepts of blockchain technology and the working principle of its related technologies,explore the current application and development status of blockchain technology in other industry fields.Then,combine the blockchain technology and supply-chain finance according to its own industry characteristics,constructing a supply-chain financial alliance structure based on blockchain technology and the bottom model and composition technology of the Ethereum blockchain system applied to supply-chain finance,creating a new pattern and operation mechanism of supply chain financial,and proposing several business scenarios of supply-chain finance from the perspective of blockchains.Finally,considering the actual operation of the blockchain supply chain financial platform,the principal-agent model and incentive theory are applied in the case of complete and incomplete information respectively.Take the account receivable model of supply chain financial as an example,we will design an incentive mechanism between the service providers of blockchain supply chain financial platform and the coreenterprises to promote a better landing experiment of blockchain technology and supply-chain finance,and solve the current supply-chain financial development bottleneck.It is hoped that through the study of this paper,the combination application of blockchain technology and supply-chain finance will be elaborated in more detail.At the same time,it is also hoped that the combination of blockchain technology and other real economy will be used for further reference and promotion.