Research Article
Empirical Analysis of Supply Chain Finance Innovation Model Based on Blockchain Technology
@INPROCEEDINGS{10.1007/978-3-030-72792-5_26, author={Jun Chen and Maoguo Wu and Shiyan Xu and Chenyang Zhao}, title={Empirical Analysis of Supply Chain Finance Innovation Model Based on Blockchain Technology}, proceedings={Simulation Tools and Techniques. 12th EAI International Conference, SIMUtools 2020, Guiyang, China, August 28-29, 2020, Proceedings, Part I}, proceedings_a={SIMUTOOLS}, year={2021}, month={4}, keywords={Blockchain technology Supply chain finance Reverse factoring Dynamic discounting}, doi={10.1007/978-3-030-72792-5_26} }- Jun Chen
Maoguo Wu
Shiyan Xu
Chenyang Zhao
Year: 2021
Empirical Analysis of Supply Chain Finance Innovation Model Based on Blockchain Technology
SIMUTOOLS
Springer
DOI: 10.1007/978-3-030-72792-5_26
Abstract
This paper attempts to establish a conceptual framework for the solution of blockchain-driven supply chain finance. This framework is designed to facilitate the coordination relationship between buyer and seller. Besides, it alleviates implementation inefficiency in discrete supply chain financial instruments, such as reverse factoring and dynamic discounting. In addition, this paper proposes the value drivers of blockchain technology and elaborates its unique characteristics in the application of supply chain finance. Although blockchain technology is considered a breakthrough financial technology, research on its impact on supply chain finance is scanty. Therefore, this paper contributes to the future development of supply chain finance based on the latest technological innovations.
