scholarly journals Zheshang Bank’s “Blockchain + Supply Chain Finance” Accounts Receivable Financing Model of Research

2021 ◽  
Vol 275 ◽  
pp. 01074
Author(s):  
LiYuan Meng ◽  
Cong Du
Keyword(s):  
Supply Chain ◽  
Commercial Bank ◽  
Financial Services ◽  
Banking Industry ◽  
Chain Model ◽  
Corporate Financing ◽  
Accounts Receivable ◽  
Existing Problems ◽  
Blockchain Technology ◽  
Supply Chain Finance

Because small and medium-sized enterprises have problems such as high operating risks and a small proportion of real estate, they are facing difficulties in financing. Commercial bank supply chain finance provides an effective way for small and medium-sized enterprises to finance, and to a certain extent solves the problem of corporate financing difficulties. However, some of its existing problems have restricted its innovation and development. The “blockchain + supply chain finance” dual-chain model has effectively overcome the shortcomings of the banking industry in developing supply chain financial services. This article takes Zheshang Bank’s accounts receivable chain platform as the research object, explores the advantages and related risks brought by the application of blockchain technology, and puts forward the optimization suggestions of Zheshang Bank’s accounts receivable chain in supply chain finance.

Analysis of the Application of Blockchain Technology in the Field of Supply Chain Finance in the Natural Gas Industry

2021 ◽  
Author(s):  
Jianping Zhang ◽  
Fuping Wang ◽  
Yongsong Pu ◽  
Pu Li ◽  
Yingkai Ma ◽  
...  
Keyword(s):  
Supply Chain ◽  
Natural Gas ◽  
Financial Services ◽  
Organizational Innovation ◽  
Gas Industry ◽  
Blockchain Technology ◽  
Supply Chain Finance ◽  
Natural Gas Industry ◽  
Financial Framework ◽  
Gas Supply

Abstract After China's supply chain finance business has gradually matured in the consumer finance field, it has begun to extend to the industrial finance field. As a branch of industrial finance, the natural gas industry supply chain finance business has gradually developed, and the number of participants has gradually increased. The article mainly introduces the development status of natural gas supply chain financial services in China. Research has found that there are still many problems in the current industry development, such as the inability of effective collaboration among participants, and the inability to unify logistics, information flow, capital flow and energy flow in the industry. On this basis, the article studies the methods of blockchain technology to solve corresponding problems, and proposes the application ideas of blockchain technology in the field of natural gas supply chain finance, hoping to promote development by constructing a business model business architecture and technical architecture, This model can produce significant economic and social benefits, has a high theoretical feasibility, but there is no concrete examples at present. Finally, suggestions are made in five aspects, including strengthening the design of top-level systems, incorporating energy flows into the supply chain financial framework system, creating an open innovation atmosphere, enhancing technological progress, strengthening core corporate social responsibility, and promoting core corporate organizational innovation.

scholarly journals Blockchain Technology Adoption in Supply Chain Finance

2021 ◽  
Vol 16 (7) ◽  
pp. 3078-3098
Author(s):  
Arief Rijanto
Keyword(s):  
Supply Chain ◽  
Technology Adoption ◽  
Perceived Usefulness ◽  
Smart Contracts ◽  
Accounts Receivable ◽  
Transaction Data ◽  
Purchase Order ◽  
Blockchain Technology ◽  
Supply Chain Finance ◽  
Distributed Ledger

Supply Chain Finance (SCF) faces the complex problem of implementing inventory, purchase order and accounts receivable financing automation in terms of transaction data trust and validation. This paper aims to explore how blockchain technology adoption solves the SCF problem using a multi-case method based on the Technological Acceptance Model (TAM). With purposive sampling, 30 cases were selected on the criteria of perceived usefulness and perceived ease of use in solving SCF problems. The results show that trust, validity and distributed ledger transaction data as perceived usefulness are the main drivers of blockchain adoption because it provides solutions to SCF automation problems such as Know Your Customer (KYC), accounting, and transaction settlement. Smart contracts offer easy and fast transactions such as in L/C export processing as perceived ease to use. Of the 30 blockchain projects, 21 offer the usefulness of automated accounts receivable financing, 15 offer easy-to-use purchase order financing and 8 offer easy-to-use inventory financing processes. This study provides the current state of blockchain technology adoption by exploring 30 real application cases in SCF globally. Blockchain advantages provide automation solutions in global supply SCF practices with smart contracts, transparency and security of distributed ledger data feature.

scholarly journals The Sustainable Development of Financial Topic Detection and Trend Prediction by Data Mining

2021 ◽  
Vol 13 (14) ◽  
pp. 7585
Author(s):  
Yunmei Liu ◽  
Shuai Zhang ◽  
Min Chen ◽  
Yenchun Wu ◽  
Zhengxian Chen
Keyword(s):  
Data Mining ◽  
Supply Chain ◽  
Financial Institutions ◽  
Clustering Algorithm ◽  
Development Trend ◽  
Research Field ◽  
Trend Prediction ◽  
Blockchain Technology ◽  
Supply Chain Finance ◽  
The Government

Blockchain technology is the most cutting-edge technology in the field of financial technology, which has attracted extensive attention from governments, financial institutions and investors of various countries. Blockchain and finance, as an interdisciplinary, cross-technology and cross-field topic, has certain limitations in both theory and application. Based on the bibliometrics data of Web of Science, this paper conducts data mining on 759 papers related to blockchain technology in the financial field by means of co-word analysis, bi-clustering algorithm and strategic coordinate analysis, so as to explore hot topics in this field and predict the future development trend. The experimental results found ten research topics in the field of blockchain combined with finance, including blockchain crowdfunding, Fintech, encryption currency, consensus mechanism, the Internet of Things, digital financial, medical insurance, supply chain finance, intelligent contract and financial innovation. Among them, blockchain crowdfunding, Fintech, encryption currency and supply chain finance are the key research directions in this research field. Finally, this paper also analyzes the opportunities and risks of blockchain development in the financial field and puts forward targeted suggestions for the government and financial institutions.

scholarly journals The Research of Agricultural SMEs Credit Risk Assessment Based on the Supply Chain Finance

2021 ◽  
Vol 275 ◽  
pp. 01061
Author(s):  
Zeping Tong ◽  
Shuo Yang
Keyword(s):  
Supply Chain ◽  
Credit Risk ◽  
Financial Services ◽  
Agricultural Modernization ◽  
Basic Industry ◽  
Supply Chain Finance ◽  
Rural Revitalization ◽  
Efficiency Factors ◽  
And Control ◽  
Stable Development

Agriculture is a basic industry that supports the construction and development of the national economy and plays an important role in promoting rural revitalization. And in the current post-COVID-19 era, agricultural SMEs have difficulty in obtaining the favours of financial institutions in normal lending due to their weak credit guarantee capabilities and high credit management costs. Difficulty in financing has become a bottleneck problem that plagues the development of enterprises and restricts the development of agricultural modernization. How to evaluate and control its credit risk is not only a major way to solve the financing difficulties of agricultural SMEs, but also the basis for the stable development of supply chain financial services. This paper analyzes three typical financing modes of agricultural SMEs from the perspective of supply chain finance, and takes the agricultural SMEs in the New OTC Market as an example to construct a Logistic model, and uses factor analysis to effectively predict the credit risk of supply chain finance. The results show that the operational efficiency factors, growth factors and related core corporate profitability of agricultural SMEs financing enterprises significantly affect their credit risk. After testing, the model is highly accurate in predicting the financing risks of agricultural SMEs.

scholarly journals Application of Blockchain Technology in Supply Chain Finance of Beibu Gulf Region

2021 ◽  
Vol 2021 ◽  
pp. 1-10
Author(s):  
RenLan Wang ◽  
Yanhong Wu
Keyword(s):  
Supply Chain ◽  
Financial Risk ◽  
Chain Structure ◽  
Beibu Gulf ◽  
Application Research ◽  
Gulf Region ◽  
Processing Efficiency ◽  
Blockchain Technology ◽  
Supply Chain Finance ◽  
A Chain

Blockchain technology is a database that is operated by multiple parts and forms a chain structure through hash index. The blockchain uses multiple nodes and distributes multiple accesses to data, thereby reducing the dependence on the central Internet server and avoiding the possibility of damage to the central server point due to data and data loss. Encryption technology is used to ensure its integrity and ensure that the data files stored in the blockchain are not tampered with or deleted maliciously. Blockchain technology has inherent advantages in supply chain finance with its technical attributes such as nontampering, distributed ledger, and traceability and has great potential to build trust to solve the main problems of supply chain finance, which is conducive to promoting financial development in the Beibu Gulf region. This article mainly introduces the application research of blockchain technology in supply chain finance in the Beibu Gulf region and intends to provide some ideas for the development of supply chain finance in the Beibu Gulf region combined with blockchain technology. This article proposes the application research methods of blockchain technology in supply chain finance in the Beibu Gulf region, including blockchain technology, supply chain financial risk evaluation on the blockchain, and supply chain finance game for relevant experiments. The experimental results of this article show that the average processing time of the algorithm of the designed blockchain supply chain financial system is 4.10 seconds, the algorithm processing efficiency is faster, and the relevant risks can be better assessed.

Supply Chain Financing Model: Based on China's Agricultural Products Supply Chain

2013 ◽  
Vol 380-384 ◽  
pp. 4417-4421
Author(s):  
Ting Rui Wang ◽  
Qiang Gao Lan ◽  
Yong Ze Chu
Keyword(s):  
Supply Chain ◽  
Agricultural Products ◽  
Accounts Receivable ◽  
Agricultural Enterprises ◽  
Supply Chain Finance ◽  
Accounts Payable ◽  
Supply Chain Financing ◽  
Long Time ◽  
Financing Model ◽  
Inventory Financing

Difficulty in financing is a general problem faced by farmers and small and medium-sized agricultural enterprises for a long time because of the lack of guarantees in china. Supply Chain Finance (SCF) is generating much attention as a means of substituting for lower credit availability. For the purpose of promoting chinas rural financing products and service innovation by using SCF, this article studies agri-supply chain financing model and financing products. The result showed that agri-supply chain can extend credit to the upstream and downstream enterprise through order financing, accounts receivable financing, financing warehouse, accounts payable financing, prepaid accounts financing and inventory financing etc.

scholarly journals Analysis of Revenue Incentive Dynamic Mechanism of Financial Supply Chain from the Perspective of the Internet of Things

Complexity ◽  
2021 ◽  
Vol 2021 ◽  
pp. 1-12
Author(s):  
Yue Yin
Keyword(s):  
Supply Chain ◽  
Life Cycle ◽  
Influencing Factors ◽  
Incentive Mechanism ◽  
Influencing Factor ◽  
Blockchain Technology ◽  
Supply Chain Finance ◽  
The Incentive Mechanism ◽  
Relationship Factors ◽  
The Internet Of Things

With the rapid development of society, all walks of life need the support of the Internet of Things, and the financial industry is no exception. This article integrates blockchain technology with supply chain finance and builds a supply chain financial alliance architecture based on blockchain technology and an underlying model of the Ethereum blockchain system suitable for supply chain finance. We innovated new supply chain finance models and operating mechanisms and proposed business scenarios for supply chain finance from the perspective of blockchain. Taking into account the actual operation of the blockchain supply chain financial platform, the principal-agent model and the incentive theory are applied, and the supply chain financial accounts receivable model is taken as an example in the case of complete information and incomplete information. The incentive mechanism between the service provider of the chain supply chain financial platform and the core enterprise promotes the better implementation of blockchain technology and supply chain finance. Based on the existing theoretical research, this paper identifies the key influencing factors of the supply chain’s cross-enterprise incentive mechanism. These influencing factors system includes two dimensions: transaction factors and relationship factors. Transaction factors include resource dependence, uncertainty, and cooperation experience; relationship factors include corporate reputation, trust level, and relationship commitment. Based on the nature of the incentive mechanism, information sharing and revenue sharing are extracted as the measurement dimensions of the supply chain’s cross-enterprise incentive mechanism. On this basis, this article draws on the existing enterprise life cycle division method and constructs a hypothetical model of the influencing factors of the incentive mechanism in the incubation period, the growth period, and the maturity period. Relevant data was collected through questionnaires, and SPSS and AMOS software were used to perform statistical analysis, reliability analysis, exploratory factor analysis, confirmatory factor analysis, and structural equation hypothesis testing on the data. The performance of each influencing factor in different stages of the enterprise’s life cycle and the importance of each influencing factor in the same life cycle stage are obtained.

scholarly journals Research on the Development of Blockchain in Supply Chain

2021 ◽  
Vol 292 ◽  
pp. 02001
Author(s):  
JunJie Zheng ◽  
TianFeng Ye
Keyword(s):  
Supply Chain ◽  
Information Service ◽  
Basic Research ◽  
Financial Information ◽  
Present Stage ◽  
Critical Stage ◽  
Blockchain Technology ◽  
Supply Chain Finance ◽  
Stage Of Development ◽  
China’S Economy

At the present stage, China’s economy is at a critical stage of transformation and development, and supply chain finance has also entered a deep stage of development. In order to promote supply chain finance to get rid of hollowing out and other traps, it is necessary to improve the way of financial information service. Some characteristics of blockchain technology are consistent with the development of supply chain finance, which can improve the industry’s ability to control risks related to supply chain finance to a certain extent, and make supply chain finance better serve the real economy.On the basis of previous basic research, this paper creatively puts forward how to use blockchain to solve the problems existing in supply chain finance, and discusses in detail the obstacles to the popularization of blockchain technology in the field of supply chain finance, thus providing some schemes for realizing the application of blockchain in the field of supply chain finance.

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