Research On Agricultural Supply Chain Financial Innovation Based On Blockchain Technolog

China is the third largest agricultural developed country in the world with a vast land area.Agricultural economy,as the primary industry,has a high proportion in the global economy and is the foundation of contemporary China.Since the reform and opening up,the development of China’s agricultural economy has made many major breakthroughs and achievements.With the further joining of China’s agricultural financial institutions,the circulation of logistics,business transactions,information flow and capital flow in agriculture,the derived agricultural supply chain and its derived financial services are promoted.Now,China’s agricultural supply chain finance has become an important part of China’s current agricultural financial service system.At the same time,the science and technology that keeps pace with the times will directly drive the rapid development of China’s current agricultural finance.We have widely used the blockchain technology in agricultural supply chain finance,It can solve some problems in the current agricultural supply chain finance.At the same time,the science and technology that keep pace with the times will also drive the rapid development of agricultural finance.We will apply the blockchain technology in agricultural supply chain finance,which can solve some problems that need to be solved in the existing agricultural supply chain finance.In this paper,the author’s company as an example,to the new mode of agricultural supply chain financing as a representative,put forward a new supply chain financing mode-YX model.YX mode takes blockchain technology and artificial intelligence as the core technology to provide multiple services for each block in its agricultural supply chain.Its characteristics are that it can trace the source of agricultural products,provide financial loans and help for farmers or small and medium-sized farmers,and provide reliable credit and data for agricultural financial institutions,Eliminate the information asymmetry in the original supply chain finance.As the core technology,artificial intelligence provides multiple services for each block in the agricultural supply chain.It can trace the source of agricultural products,provide financial loans and help for farmers or small and medium-sized farmers,provide reliable credit information data for agricultural financial institutions,and eliminate the problem of information asymmetry in the original supply chain finance.At present,the financing difficulty of farmers or small farmers is the biggest problem in the process of their development.Agricultural financial institutions can not simply obtain their basic information,farmers have no collateral,no credit rating,agricultural financial institutions dare not easily give them loans.However,the interest rate of informal financing institutions is too high,which makes farmers and small-scale farmers flinch.They only miss the chance to get rich in sighing.Farmers produce high-quality products,but they can’t let buyers know what’s good about their agricultural products.They can’t know how the agricultural products have gone through the process of strict seed selection and scientific management.They also can’t get an effective certification.Even if the agricultural products planted or raised by farmers are high-quality products,they can not get professional certification and sell at a good price.Farmers spend a lot of money,but there is no corresponding return,farmers’ enthusiasm for production will decline,and turn to find another way to work in the city,which is extremely unfavorable for the development of agriculture in China.So how can farmers carry out farming according to the strict process,and the farming products can get professional certification? In the process of production and breeding,farmers can easily borrow funds from agricultural financial institutions? Financial institutions can also easily understand the basic situation of farmers or small and mediumsized farmers,It is easier to master the real orders and product information of farmers or small and medium-sized farmers.YX mode will help to solve these problems.YX mode can trace the source of agricultural products,from the beginning of an agricultural product to the end of the growth of finished products,and complete the deep processing.In this industrial chain,the whole process can be recorded,and the data on the chain can not be tampered with,and the data is real and effective,It can truly guarantee the growth data and records of agricultural products,whether pesticides have been used,whether fertilizers are organic,whether seeds are genetically modified,and how long the growth cycle is.All the data will be clear at a glance.In addition to the information that financial institutions will know,there are also central enterprises in the agricultural supply chain to provide credit guarantee for these farmers or small and medium-sized farmers,which brings more confidence to financial institutions and reduces the concerns of financial institutions.With the guarantee of central enterprises,financial institutions will make appropriate loans to farmers or small and medium-sized farmers according to the finance of each order.The loan process and cycle will be greatly shortened,which speeds up the production process of our farmers or small and medium-sized farmers and makes outstanding contributions to the development of China’s agriculture.YX mode is our innovation in the original agricultural supply chain finance mode.First of all,we use blockchain technology to break the barriers of traditional agricultural supply chain information system,and use open and fair mechanism to let each node in the agricultural supply chain share all the information in the chain,and all the information can not be tampered with.To enable core enterprises and banks to fully understand the supply chain information of the whole central enterprise and make timely adjustment and guidance;to enable upstream farmers or small and medium-sized breeding family enterprises to obtain financing opportunities through each order,and to enable their products to be traceable and certified in the market;Let some financial institutions better understand the basic situation,production and operation,and capital status of farmers or small and medium-sized farmers,so as to establish a set of effective and timely credit reference system for them,and avoid the cost of sending a lot of human and material resources to carry out research by some financial institutions,which can be said to kill three birds with one stone.Starting from the actual situation of enterprises,YX mode takes the further realization of the functionality of agricultural supply chain finance as the theoretical basis.Through the correlation and mutual restriction among various supply chains,it uses advanced science and technology,such as blockchain,artificial intelligence and big data analysis,realizes scientific planting and breeding,opens up all links of the supply chain,and breaks the information asymmetry,The balanced income of each block in the overall framework of agricultural supply chain finance is realized,and each link is maximized.