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 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.

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 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.

Study on Incentive Mechanism of MRCTM Closed-Loop Supply Chain Based on the Uncertainty Quality

2010 ◽  
Vol 108-111 ◽  
pp. 341-346
Author(s):  
Huang Ling
Keyword(s):  
Supply Chain ◽  
Closed Loop ◽  
Conversion Factor ◽  
Incentive Mechanism ◽  
Incentive Payment ◽  
Closed Loop Supply Chain ◽  
Optimal Analysis ◽  
The Incentive Mechanism ◽  
Product Recycling

In this paper, the MRCTM model of closed-loop supply chain was investigated. An effective incentive mechanism that considered the uncertainty quality of product recycling was designed by the introduction of brand conversion factor. The author made an optimal analysis of the incentive mechanism. Moreover, the influence of different parameters, such as quality and brand to the fixed reward and the unit incentive payment was analyzed and some useful results were obtained.

Improving Opportunities in Healthcare Supply Chain Processes via the Internet of Things and Blockchain Technology

2021 ◽  
pp. 1635-1654
Author(s):  
Raja Jayaraman ◽  
Khaled Salah ◽  
Nelson King
Keyword(s):  
Supply Chain ◽  
Internet Of Things ◽  
The Internet ◽  
Chain Process ◽  
Product Recalls ◽  
Chain Processes ◽  
Blockchain Technology ◽  
Compromise Patient Safety ◽  
Supply Chain Process ◽  
The Internet Of Things

Despite key advances in healthcare informatics and management, little progress to address supply chain process-related problems has been made to date. Specifically, key healthcare supply chain processes include product recalls, monitoring of product supply shortages, expiration, and counterfeits. Implementing and executing these processes in a trusted, secure, efficient, globally accessible and traceable manner is challenging due to the fragmented nature of the healthcare supply chain, which is prone to systemic errors and redundant efforts that may compromise patient safety and impact health outcomes adversely. Blockchain, combined with the Internet of things (IoT), is an emerging technology that can offer a practical solution to these challenges. Accordingly, IoT blockchain offers a superior way to track and trace products via a peer-to-peer distributed, secure, and shared ledger of the blockchain network. This article highlights key challenges related to healthcare supply chains, and illustrates how IoT blockchain technologies can play a role in overcoming these challenges now and in the near future.

scholarly journals Research on measurement of supply chain finance credit risk based on Internet of Things

2019 ◽  
Vol 15 (9) ◽  
pp. 155014771987400 ◽  
Author(s):  
Waseem Ahmed Abbasi ◽  
Zongrun Wang ◽  
Yanju Zhou ◽  
Shahzad Hassan
Keyword(s):  
Supply Chain ◽  
Internet Of Things ◽  
Credit Risk ◽  
Measurement Model ◽  
The Internet ◽  
Financial Model ◽  
Model Based ◽  
Supply Chain Finance ◽  
Credit Risk Measurement ◽  
The Internet Of Things

This article first expounds the concept of supply chain finance and its credit risk, describes the hierarchical structure of the Internet of Things and its key technologies, and combines the unique functions of the Internet of Things technology and the business process of the inventory pledge financing model to design the supply chain financial model based on the Internet of Things. Then it studies the credit risk assessment under the supply chain financial model based on the Internet of Things, and uses the support vector machine algorithm and Logistic regression method to establish a credit risk measurement model considering the subject rating and debt rating. Finally, an example analysis shows that the credit risk measurement model has a high accuracy rate for determining whether small and medium-sized enterprises in the supply chain financial model based on the Internet of Things are trustworthy. This will facilitate the revision and improvement of the existing credit evaluation system and improve the accuracy of measuring the current financial risk of supply chain. This research adopts the Internet of Things to measure financial credit risk in supply chain and provides a reference for the following researches.

scholarly journals Research on Incentive Mechanism and Strategy Choice for Passing on Intangible Cultural Heritage from Masters to Apprentices

2021 ◽  
Vol 13 (9) ◽  
pp. 5245
Author(s):  
Changqing Sun ◽  
Hong Chen ◽  
Ruihua Liao
Keyword(s):  
Knowledge Transfer ◽  
Cultural Heritage ◽  
Influencing Factors ◽  
Global Economy ◽  
Incentive Mechanism ◽  
Payoff Matrix ◽  
Strategy Choice ◽  
Intangible Cultural Heritage ◽  
Successful Implementation ◽  
The Incentive Mechanism

With the increasing prosperity of the global economy, the protection and sustainable development of intangible cultural heritage (ICH) are being confronted with many problems, among which the difficulty of passing on ICH, particularly traditional handicraft, from masters to apprentices should be given attention. The main purpose of the study is, from the perspective of knowledge transfer and incentive mechanisms, to explore how to mobilize the positive factors to promote the successful implementation of passing on ICH. On the basis of identifying the key influencing factors of ICH knowledge transfer and establishing the payoff matrix between masters and apprentices, this study uses replicator dynamic equations to analyze strategy choices in different situations and verifies the impacts of these factors on passing on ICH through data simulation. The study draws the following main conclusions: (1) Increases in variables e, a, v, Ju, Jd, Ku, and Kd will drive up the probabilities of adopting a positive strategy and successful ICH inheritance and increases in variables Cu and Cd will drive probabilities down. (2) Changes in any variable have an impact on both sides through the interaction between masters and apprentices, and the impact’s direction is the same. (3) Among all economic measures, cost control should be the first to be considered. These conclusions provide important theoretical guidance for local government and related organizations to support ICH bequeathal and for masters and apprentices to make choices regarding strategy. The paper fills the literature gaps in the study of the influencing factors of ICH knowledge transfer and the game model between masters and apprentices, and on the incentive mechanism and strategy choice of passing on and developing ICH.

scholarly journals Dynamic Incentive Mechanism of Multitask Cooperation in Logistics Supply Chain

2021 ◽  
Vol 2021 ◽  
pp. 1-10
Author(s):  
Song Wang ◽  
Yang Zhao ◽  
Lanfeng Liu ◽  
Fuhua Huang
Keyword(s):  
Supply Chain ◽  
Incentive Mechanism ◽  
Risk Tolerance ◽  
Incentive Effect ◽  
Logistics Service ◽  
Incentive Model ◽  
Model Research ◽  
The Difference ◽  
The Incentive Mechanism ◽  
Dynamic Cooperation

This paper studies the incentive mechanism of multitask cooperation in logistics service supply chain (LSSC) by building a dynamic incentive model. Research shows the following: (1) the implicit reputation in dynamic cooperation can effectively improve system incentive effectiveness; (2) the difference in the contribution of different logistics cooperation to the performance of the LSSC has a significant impact on the incentive effect; (3) when two kinds of cooperation tasks have complementary relationships, both the LSP’s choice of logistics tasks and the incentives will simultaneously act on the two types of cooperation tasks; and (4) the antirisk degree of LSI and the environment uncertainty will also have a certain impact on the incentive effect of the LSSC. Therefore, the LSI should comprehensively consider the requirements of logistics cooperation and the risk tolerance of LSI to be chosen.

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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