The Application Research Of Blockchain Technology In Supply Chain Finance

In recent years,the economic ties between countries in the world have become increasingly close.China and other countries' enterprises have formed a complete industrial chain.In order to gain a leading position in international competition and seek a path to profitable growth,financial institutions look for dominant companies and pledge their goods generated from transactions with small and medium-sized enterprises on the chain as pledges to provide guarantee for other companies on the chain,which in turn leads to regional development.ABlockchain technology and through blockchain technology to make SME financing more convenient.With the rapid development of economy and technology,the main body of supply chain finance spans domestic and foreign,and its service targets are broader.Whether it can accurately grasp the development trend of supply chain finance and integrate with the world economy,can it make the necessary financial technology innovation? The key to the further development of supply chain finance,in this context,study blockchain technology as a new innovative technology,how to effectively solve the existing problems of supply chain finance,and analyze the application of blockchain technology in supply chain finance compared with the traditional model.Advantage.The paper reveals the problems of supply chain finance in the Big data information age,analyzes the coupling between the open and transparent characteristics of blockchain technology and the inability to tamper with the supply chain finance,and explore why and how to solve the pain points of the existing business of supply chain finance through blockchain technology.Taking Yijian shares company as an example,The paper analyze how it applies blockchain technology to the supply chain financial business,and uses event research methods to empirically examine the relevant blockchain technology policies and sample stock prices and time periods before and after the company announcement Changes in the rate of return,analyses the impact of the blockchain technology on the case company from the development of the online to the application process.The results show that as the national government continues to pay attention to the development of blockchaintechnology and guide the standardized application of blockchain technology,the application of blockchain technology has gradually been recognized by investors and brought positive impacts for enterprises.However,during the process of supply chain financial technology innovation,Yijian shares company urgently need to solve the problems of the lack of core security technology,the existence of credit risk,and the follow-up supervision of asset securitization.At present,the application of blockchain technology is still in the exploration stage,still facing technical challenges,business challenges and risk management challenges.The thesis proposes measures to accelerate core technical research,establish industry standards and strengthen supervision,and create industry alliances.On the one hand,the paper can provide reference significance for the transformation of traditional supply chain finance and speed up the process of the application of blockchain technology.On the other hand,it provides new possible solutions to solve the problem of financing difficulties for SMEs in the supply chain,and it is expected to become a small and medium An effective way for enterprises to get out of financing difficulties.