Application of Blockchain Technology in Supply Chain Finance in Beibu Gulf Region

Abstract

At present, the supply chain finance industry has been in a vigorous development trend, but its development is still hindered by the reasons such as information opacity and information asymmetry. This paper mainly studies the application of blockchain technology in supply chain finance for Beibu Gulf region. According to the industry characteristics of supply chain finance, the blockchain technology is integrated with supply chain finance to construct the supply chain finance alliance architecture based on the blockchain technology and the underlying model and composition technology of Ethereum blockchain system applicable to supply chain finance. Considering the actual operation situation of supply chain finance platform blockchain, using the principal-agent model and incentive theory, supply chain finance accounts receivable mode, for example, the design blockchain financial platform service provider with the core enterprises of supply chain between the incentive mechanism, promote blockchain technology and supply chain finance better ground test, solve the current financial supply chain development bottleneck.