Research On Supply Chain Financial Risk Control Of HX Company Based On Blockchain Technology

At present,the supply chain finance industry has been developing vigorously,which has solved the financing problems of small,medium and micro enterprises to a certain extent,but its development is still constrained by enterprise credit,trade authenticity,data security and other risk factors.The emerging blockchain technology is expected to solve the risk control problems faced by the supply chain finance industry by virtue of its inherent characteristics such as information decentralization,strong traceability and non tamperability.In this context,this paper summarizes the relevant literature and theories,expounds the concept of supply chain financial risk,the basic technical principles and characteristics of blockchain,introduces the supply chain financial business model,business status and risk control of HX Company,finds out the problems in supply chain financial risk identification and risk control of HX Company,and analyzes the reasons for the problems.Subsequently,this paper re identified the financial risks of HX Company’s supply chain: risk identification based on the specific business process of HX Company’s supply chain finance,and in-depth analysis of various risk factors.The reasons for these risks and risk control problems faced by HX Company’s supply chain finance cannot be well solved under traditional conditions.Therefore,the article proposes to apply blockchain technology to HX Company’s supply chain finance risk control,and specifically designs specific application methods.It shows that the application of blockchain technology can effectively target the financial risk factors of HX Company’s supply chain,Accurately eliminate the problems in financial risk control of HX Company’s supply chain.Finally,combined with the method of supply chain financial performance evaluation,through interviews with senior executives of HX Company,it is proved that blockchain technology can effectively make up for the defects in supply chain financial risk control and improve the risk control of HX Company for supply chain financial business.Based on the research in this paper,it can be concluded that the combination of blockchain and supply chain finance can well control the risks of HX’s supply chain finance business,empower enterprises in the supply chain,and enable them to achieve long-term development.Finally,the article puts forward targeted suggestions for further improving the application of blockchain in the risk control of supply chain financial business.