Research On Supply Chain Financial Products Based On Block Chain Technology

In economic and trade activities,financing difficulties of small and medium-sized micro enterprises are common,and all parties have put a lot of expectations on the development of supply chain finance.The optimization of trade and transaction links between enterprises,the development of financing products provided by financial institutions,or the encouragement and support of various policies at home and abroad are all support for the development of real economy.Traditional supply chain finance enables financial institutions to start from the whole supply chain and provide financing services for other small and medium-sized enterprises in the chain with core enterprises as the center.Core enterprises play a very important role in it.Small and medium-sized micro enterprises can rely on it to improve their own credit level in the financing process,improve or solve the financing problem.In recent years,the relevant guidance issued by China aims to encourage commercial banks and core supply chain enterprises to study and utilize block chain technology,artificial intelligence and other emerging technologies,build a supply chain financial service platform,meet the financing needs of upstream and downstream enterprises in the supply chain,and provide diversified financing channels for them.In modern society,the development of network finance is particularly rapid,and enterprises and financial institutions attach great importance to it.Among them,the development of block chain technology has attracted the attention of governments,financial industry and technology enterprises.The supply chain industry has the characteristics of large market scale,many subjects and multi-party cooperation,which has become the "application place" of block chain technology.Starting with the basic model of block chain technology,this paper introduces its structure and combs the characteristics of block chain technology,which can ensure the integrity and reliability of information and effectively solve the trust and security problems in the transaction process.Starting from the demand of supply chain financing,three traditional forms of supply chain finance are analyzed.This paper analyses some problems in the traditional supply chain finance.The difficulties and pain points of the traditional supply chain finance model are expected to be optimized and improved by combining with the block chain technology.At present,the model of "block chain + supply chain finance" has been widely used,which can effectively help small and medium-sized enterprises to further reduce their financing.This is to accelerate the realization of inclusive finance.This paper collects the case data of supply chain financial products based on block chain technology,combs and further analyses the platform business model process and wind control measures through case analysis,combining with the development of Z bank block chain receivable platform business,and analyses the advantages,business value and highlights of the platform business.At the same time,Z bank has also expanded other innovative businesses based on this platform,further helping enterprises to reduce financing costs.This paper analyses the effect of using block chain technology,and puts forward the problems existing in the existing business model,improvement measures and business innovation points.At the end of this paper,the full text is summarized and prospected.Supply chain finance combined with block chain technology is expected to promote the innovation of the whole supply chain industry system and financial products,and help to realize the virtuous circle of supply chain business.