Internet Supply Chain Financial Model and Risk Management Research Based on Blockchain Technology

Over the last few years, the increasing level of cyber risks derived from the growing connectedness of Industry 4.0 has led to the emergence of blockchain technology as a major innovation in supply chain cybersecurity. The main purpose of this study is to identify and rank the significant barriers affecting the implementation of blockchain technology as a key component of cyber supply chain risk management (CSCRM). This research relied on the “interpretive structural modeling (ISM)” technique in the structure of a hierarchical model to investigate the contextual relationships of identified challenges for blockchain adoption in CSCRM; it also classifies the influential challenges based on their driving and dependence powers. The results highlight that “cryptocurrency volatility” is the challenge at the top level of the hierarchy, implying weak driving power but it is strongly dependent on the other challenges. “Poor regulatory provisions”, “technology immaturity”, “dependent on input information from external oracles”, “scalability and bandwidth issues”, and “smart contract issues” are significant challenges for the adoption of blockchain in cyber supply chain risk management and are located at the bottom level of the hierarchy with higher driving power. The implications for theory and practice of the research are also highlighted.

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Supply Chain Financial Ecology Model Design and Risk Management Research

Proceedings of the 2018 International Conference on Computer Science, Electronics and Communication Engineering (CSECE 2018) ◽

10.2991/csece-18.2018.26 ◽

2018 ◽

Author(s):

Baosen Wang ◽

Wenjiao Lan ◽

Chunming Fan

Keyword(s):

Risk Management ◽

Supply Chain ◽

Model Design ◽

Management Research ◽

Financial Ecology

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Research on financial platform of railway freight supply chain based on blockchain

Smart and Resilient Transport ◽

10.1108/srt-09-2020-0007 ◽

2020 ◽

Vol 2 (2) ◽

pp. 69-84

Author(s):

Peng Xie ◽

Qiang Chen ◽

Ping Qu ◽

Jianping Fan ◽

Zhijun Tang

Keyword(s):

Information Technology ◽

Risk Management ◽

Supply Chain ◽

Business Model ◽

High Speed ◽

Value Analysis ◽

Content Type ◽

Blockchain Technology ◽

Supply Chain Finance ◽

Railway Freight

Purpose This paper aims to systematically expound the theory and development background of supply chain finance and blockchain, design a railway freight supply chain financial platform based on blockchain, determine the risk management system and business support system of supply chain finance business and analyze the value generated by the combination of supply chain finance business and blockchain. Design/methodology/approach Investigation and research method; Prototype method; Model method; Value analysis. Findings The business model integrating supply chain finance and blockchain technology will bring great changes to freight industry. The development of supply chain finance is beneficial to the healthy development of the core participants of railway freight transport business and its upstream and downstream ecosystems. It links commerce, logistics, warehousing and financial services together and builds an industry-integrated ecological service platform through information technology platform and supporting system, taking data as the basis and combining information technology such as blockchain as innovative means. Originality/value This paper will provide important reference value for related research. This paper innovatively designs the supply chain financial platform of freight transportation industry-integrating blockchain technology and analyzes its business model, technical system, risk management and control system and value system in detail, which will provide technical support for the innovative reform of freight information technology and realize the stable and high-speed development of freight logistics informationization.

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