Exploring the Potential of Blockchain in Transforming Supply Chain Financing

Abstract

This chapter explores the transformative potential of blockchain technology in revolutionizing supply chain finance (SCF). Through a framework integrating service-dominant logic and social exchange theory, we analyze the roles of key participants, their motivations, and the resources and practices employed to create value for all stakeholders. We delve deeper into the specific mechanisms through which buyers, suppliers, financial institutions, and platform providers benefit from blockchain-driven SCF solutions. By analyzing value creation across financial, operational, risk management, sustainability, and social impact dimensions, we demonstrate the tangible benefits of this technology. Furthermore, we showcase real-world examples through case studies and explore emerging applications such as decentralized trade finance, data-driven insights, and tokenization of assets. These advancements unlock new possibilities and underscore the transformative potential of blockchain in shaping a more efficient, transparent, and sustainable future for global supply chains.