Supply chain finance based on blockchain: A case study on JD.com

Abstract

With the increasing maturity of blockchain technology, its characteristics such as decentralization, data immutability, and consensus mechanisms can effectively address issues in supply chain finance, including high risk control costs, difficulties in credit endorsement for small and medium-sized enterprises, and cumbersome operational processes. By synthesizing research on the integration of blockchain technology into supply chain financial services and analyzing a case study of JD.com’s application of blockchain technology in supply chain finance ABS business, this paper proposes future development prospects for “blockchain technology + financial services”. The aim is to provide decision-making references for the modern financial services industry to expand operations, improve service performance, and reduce financial risks.