Font Size: a A A

The Mechanism Research Of International Supply Chain Financing That Is Promoted By Blockchain Technology

Posted on:2021-05-25Degree:MasterType:Thesis
Country:ChinaCandidate:R R ZhangFull Text:PDF
GTID:2428330629987785Subject:International business
Abstract/Summary:PDF Full Text Request
Relying on the core enterprise credit,the supply chain financing promotes the financing convenience to some extent.However,in the traditional supply chain financing mode,the financing difficulties of small and medium-sized enterprises in the supply chain are still significant.The specific reasons are as follows: the core enterprise credit cannot be transmitted at multiple levels,the documents are falsified,the information is not transparent and the trade authenticity cannot be guaranteed.These problems are more prominent in the transnational supply chain financing.At the same time,with the growing maturity of the block chain technology,the application scenarios combined with the block chain technology are gradually increasing and landing.Among them,the application of blockchain technology in the supply chain financing mode is the innovation of the cross part of blockchain technology in the supply chain field and the financial field.The features of blockchain technology,such as timestamp,distributed Shared ledger and intelligent contract,naturally fit with the existing drawbacks in the traditional supply chain financing model.This paper takes this as the starting point to explore how blockchain technology has a realistic promoting effect on international supply chain financing,explore the main promoting mechanisms,and what kind of value it brings to each participant of the supply chain.This paper summarizes that the block chain technology has a practical promoting effect on international supply chain financing through the incentive compatibility mechanism,transaction right confirmation mechanism,intelligent contract mechanism and credit disassembly mechanism.Core enterprise mode is the main mode in supply chain financing mode.Companies that master the underlying technology of blockchain establish their own blockchain supply chain financing platform to facilitate small and medium-sized enterprises participating in import and export trade to obtain bank financing through the multi-stage dismantling of credit,so as to participate in the global supply chain system of enterprises.This not only increases the global supply chain resources regulation ability of core enterprises,but also provides credit support for the import and export trade of small and medium-sized enterprises.By means of case analysis,this paper takes the blockchain supply chain financing platform of electronics manufacturing giant foxconn as an example to analyze its modes and effects in solving supply chain financing problems of small and medium-sized enterprises and promoting supply chain financing,so as to provide reference value for enterprises participating in the industrial supply chain.If the supply chain financing model based on block chain technology can be promoted and applied,it will bring good social and economic benefits.The main contributions are as follows:Combined with the knowledge of global supply chain management,international settlement,international trade and other disciplines,this paper makes a detailed analysis of the supply chain financing model,and objectively points out the financing difficulties faced by small and medium-sized enterprises in the current supply chain financing model;Blockchain technology combined with the supply chain financing of this cutting-edge innovation of financing mode,financing subject from dominated by banks to dominated by industry,the core enterprises,financial institutions,service organizations and partners can participate in the financing activities.Exploring the promotion mechanism of block chain technology is conducive to the integration of industry and finance and the development of international trade activities.
Keywords/Search Tags:International trade finance, Supply chain financnce, Blockchain, Multistage credit transfer
PDF Full Text Request
Related items