Application and Challenges of Blockchain Technology in Credit Risk Management of Supply Chain Finance

Abstract

As global economic integration deepens, supply chain finance plays a crucial role in optimizing corporate cash flow and promoting the coordinated development of industrial chains. However, issues such as information asymmetry and credit assessment difficulties in traditional models have hindered its growth. Blockchain technology, with its decentralized nature, data immutability, and automated smart contracts, offers innovative solutions for credit risk management in supply chain finance. This article systematically analyzes the application logic, typical scenarios, and implementation effects of blockchain technology in credit risk management within supply chain finance. It also explores the technical bottlenecks, regulatory challenges, and coordination issues faced by the practical implementation of these technologies, and propose targeted optimization strategies. The aim is to provide theoretical support and practical references for the deep integration of blockchain technology with supply chain finance.