Application of blockchain in supply chain finance

Abstract

Small, medium and micro enterprises have the problem of difficult and expensive financing. As the main source of financing for small, medium and micro enterprises, supply chain finance has become more urgent in the process of transformation and upgrading under the requirements of the digital era. With the widespread use of digital technologies such as blockchain in the financial field, technological empowerment and platformization are increasingly emphasized and valued. This article conducts a comprehensive and systematic review of the literature on blockchain applications in corporate financing from theoretical perspectives, research methods and other dimensions, revealing the research progress of blockchain applications in direct financing, bank credit, supply chain finance and other scenarios. The similarities and differences between domestic and international literature were further compared. Finally, this article constructs the problems existing in the application of blockchain in supply chain finance, puts forward policy suggestions, and provides a reference for future research on this topic.