Application Analysis Of Blockchain In Supply Chain Finance

In recent years,the application of block chain by the attention of more and more high,however,the discussion and analysis of block chain is mostly at the conceptual level,from digital assets,intelligent contracts to autonomous society,although the industry application prospect for block chain fully affirmed,but,considering the mature technology development,chain blocks are also the most mature application digital currency,other areas of application is still in the chain model development phase or in combination with the block chain in a certain field of small test phase.Blockchain technology combined with supply chain finance is a hot market segment in China's financial sector,and many applications are being implemented or tested in China.The application of blockchain technology in both financial products and financial industry requires theoretical support.Only by comprehensively and clearly summarizing relevant theories and practices of "blockchain +supply chain finance" can we better promote the development of "blockchain + supply chain finance" to promote the development of the real economy.There are many applications of blockchain,and supply chain finance is one of them.Supply chain finance is a financial innovation business.It mainly provides financial services to the upstream and downstream related enterprises of the core enterprises based on the core enterprises in the supply chain,aiming to solve the financing difficulties and expensive financing problems of small and medium-sized enterprises.The concept of supply chain finance has been put forward and put into practice for many years,but in the process of the practical application of supply chain finance,there are some limitations of supply chain finance development problems,such as information opacity,unreliability of trade and credit shall not transfer,etc.,and block chain technology is not tampered with,traceability,the advantages of decentralization,It will be of great help to solve these problems in supply chain finance.By reading supply chain finance and blockchain relevant literature,this paper first introduces the core technology and the types of blockchain as well as the meaning and classification of supply chain finance.Secondly,combined with the current status of the application of blockchain technology in supply chain finance,it can solve the supply chain finance risks,at the same time,use of blockchain technology can improve the efficiency of settlement and management in supply chain finance,so as to bring innovation and application value for supply chain finance,then based on the application of "blockchain + supply chain finance" in practice,it is concluded that the combination of the two can relieve the financing pressure of small and medium-sized enterprises in the supply chain to a certain extent.Finally,this paper puts forward some suggestions to further improve the application of blockchain in supply chain finance.