Research On The Application Of Blockchain Technology In Supply Chain Finance

In recent years,supply chain finance has developed rapidly in China.With the continuous improvement of computer technology,the market scale of supply chain finance and the degree of online supply chain management have continued to increase,but the on-chain capital flow encountered by traditional supply chain finance Pain points such as low efficiency,difficult to confirm accounts receivable,and asymmetry of information on the chain have not been effectively solved.The blockchain technology that has become the "fourth industrial revolution" has its transaction record synchronization and transaction data.The practical application value,such as immutability,provides better development ideas for supply chain business innovation and solving pain points.This article from the perspective of supply chain management enterprises,on the basis of previous theoretical research,combined with financial analysis and factor analysis analysis methods,using Yi Jian Supply Chain Management Co.,Ltd.as a case study to explore the application of blockchain technology to supply chain management Impact and value of the company.Firstly,based on the current status of supply chain finance development,this article addresses the pain points encountered by existing supply chain finance,combines the technical advantages of blockchain,and uses Yi Jian Supply Chain Management Co.,Ltd.as a case study to illustrate blockchain technology.Practical application process in business operations.Then,apply the analysis methods of financial analysis and factor analysis to carry out a comprehensive analysis of the company's balance sheet,profit statement,cash flow statement,financial ratio,and comprehensive financial performance.Through financial analysis,it has been found that in the short term,the application of blockchain technology can effectively improve the turnover rate of supply chain management companies' receivables,enhance their operating capabilities and solvency,but it has an effect on the profitability and growth capabilities of enterprises.Not obvious.In the short term,whether the proportion of an enterprise's internal business structure is balanced is a more critical factor that affects its profitability and growth ability;through factor analysis,it is found that the application of blockchain technology can improve the overall financial performance of an enterprise,but the company is in a different industry During the business cycle,the application of blockchain technology will increase the volatility of corporate profitability.Finally,combined with the current challenges of blockchain technology in supply chain finance applications,relevant suggestions are put forward to better promote the application and promotion of blockchain in supply chain finance.