Blockchain-driven Supply Chain Finance - A Structured Review

Abstract

The use of blockchain technology in supply chain finance promises to solve existing inefficiencies of conventional supply chain finance methods. With the help of a systematic literature review, these issues are uncovered, showing how blockchain could solve them. The main problems include the non-transparency of complex networks, insufficient risk control, information asymmetries, and inefficient processes. Blockchain-based SCF platforms can solve these problems with key features such as decentralization, transparency, traceability, and automation capability.