The Mechanism and Strategy of Blockchain Technology Driving the Development of Supply Chain Finance

Abstract

This article is based on the security, traceability, immutability and transparency of blockchain technology, aiming at the pain points of information asymmetry, financing difficulties, expensive financing, and weak supervision in the development of supply chain finance, to study how to use the core technologies of distributed ledgers, peer-to-peer transmission, associated credit, and smart contracts in blockchain technology to empower supply chain finance, expand the scope of blockchain technology, and provide technical support for the supply chain financial model. Strategic cooperation system to conduct innovative research on the combination of supply chain finance and blockchain technology.