A SME Credit Evaluation System Based on Blockchain

Abstract

As the development of the national economy, SMEs(Small and Medium-sized Enterprises) have played an important role in most aspects of economic growth and commercial credit has become one essential factor in enterprises' development. Thus, developing one excellent credit evaluation system which reflects the credit level of SMEs well has become one hotspot in corresponding research field. This paper has explored one distributed credit evaluation system based on blockchain technology which has intelligent protocols and distributed features to provide credit records through unchangeable timestamps and distributed ledger and improve the defects in current centralized systems.