Research on the Application of Blockchain Technology in Financing for Small and Medium-sized Enterprises

Abstract

This paper focuses on the application of blockchain technology in the field of supply chain finance, with an emphasis on its supportive role in alleviating the financing difficulties of small and medium-sized enterprises. Through theoretical analysis and case study methods, it systematically elaborates how blockchain technology, leveraging its characteristics such as decentralization, traceability, and immutability, enhances the transparency and credibility of supply chain finance, reduces the risks associated with information asymmetry, and thereby improves the availability and efficiency of financing for small and medium-sized enterprises. Taking "Ant Duo-Chain" as an example, the paper analyzes the application effects of blockchain technology in the financing of small and medium-sized enterprises, concluding that this model not only enhances the efficiency of capital circulation but also provides a sustainable path for the stable development and value enhancement of the overall supply chain ecosystem.