Reflections and Suggestions on Blockchain Technology to promote SME Financing -- Taking China as an Example

With the rapid development of the market economy, small and medium-sized enterprises have become an important part of the national economy, in providing jobs, accelerate regional economic development and so on play an important role, but financing is difficult, expensive financing has been the development of small and medium-sized enterprises faced by the dilemma. The emergence of blockchain technology provides a new way of thinking to relieve the difficulties in the development of small and medium-sized enterprises, and helps to promote the healthy and rapid development of small and medium-sized enterprises. This paper takes the integration and development of blockchain and SME financing as the research focus. By analyzing the problems existing in SME financing, this paper puts forward the solutions to solve the pain points by applying blockchain technology, and then gives the policy suggestions to promote SME financing by integrating blockchain technology.