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 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.

scholarly journals A Coordinated Approach for Supply-Chain Tracking in the Liquefied Natural Gas Industry

2018 ◽  
Vol 10 (12) ◽  
pp. 4822 ◽  
Author(s):  
Jun Wang ◽  
Hung-Lin Chi ◽  
Wenchi Shou ◽  
Heap-Yih Chong ◽  
Xiangyu Wang
Keyword(s):  
Supply Chain ◽  
Natural Gas ◽  
Process Development ◽  
Liquefied Natural Gas ◽  
Chain Process ◽  
Multiple Stakeholders ◽  
Gas Industry ◽  
Framework Technology ◽  
Natural Gas Industry ◽  
Supply Chain Process

With the increased size and complexity of liquefied natural gas (LNG) projects, supply-chain management has become a challenging process due to involvements of the remote location of the project site and the multiple stakeholders. The transparency and traceability of the supply-chain are critical as any surpluses or shortages of materials will put the project at risk. Currently, limited research has been conducted on LNG projects considering the total supply-chain perspective, which refers to all stages of materials tracking in off-site manufacturing, transportation, and site logistics. The purpose of this research is to propose a framework of a coordinated approach for supply-chain tracking in the LNG industry. Two focus group studies were organized to develop the proposed framework: One for LNG construction supply chain process development, and another for alternative tracking technologies selection. In addition, two experiments, namely off-site fabrication tracking and site logistics tracking, were conducted in a field to evaluate the feasibility of the proposed framework. Technology limitations were also discussed in terms of field implementation.

Finding Fault with the Nexus Pipeline? Agency Capture and the Public Good

2017 ◽  
Vol 1 (1) ◽  
pp. 1-8
Author(s):  
Andrew R. Kear
Keyword(s):  
Natural Gas ◽  
Environmental Impact ◽  
Public Good ◽  
Health And Safety ◽  
Environmental Impact Statement ◽  
Gas Industry ◽  
The Public ◽  
Fracturing Process ◽  
Natural Gas Industry ◽  
Regulatory Commission

Natural gas is an increasingly vital U.S. energy source that is presently being tapped and transported across state and international boundaries. Controversy engulfs natural gas, from the hydraulic fracturing process used to liberate it from massive, gas-laden Appalachian shale deposits, to the permitting and construction of new interstate pipelines bringing it to markets. This case explores the controversy flowing from the proposed 256-mile-long interstate Nexus pipeline transecting northern Ohio, southeastern Michigan and terminating at the Dawn Hub in Ontario, Canada. As the lead agency regulating and permitting interstate pipelines, the Federal Energy Regulatory Commission is also tasked with mitigating environmental risks through the 1969 National Environmental Policy Act's Environmental Impact Statement process. Pipeline opponents assert that a captured federal agency ignores public and scientific input, inadequately addresses public health and safety risks, preempts local control, and wields eminent domain powers at the expense of landowners, cities, and everyone in the pipeline path. Proponents counter that pipelines are the safest means of transporting domestically abundant, cleaner burning, affordable gas to markets that will boost local and regional economies and serve the public good. Debates over what constitutes the public good are only one set in a long list of contentious issues including pipeline safety, proposed routes, property rights, public voice, and questions over the scientific and democratic validity of the Environmental Impact Statement process. The Nexus pipeline provides a sobering example that simple energy policy solutions and compromise are elusive—effectively fueling greater conflict as the natural gas industry booms.

LNGScheduler: a rich model for coordinating vessel routing, inventories and trade in the liquefied natural gas supply chain

2010 ◽  
Vol 3 (4) ◽  
pp. 31-64 ◽  
Author(s):  
Marte Fodstad ◽  
Kristin Tolstad Uggen ◽  
Frode Rømo ◽  
Arnt-Gunnar Lium ◽  
Geert Stremersch
Keyword(s):  
Supply Chain ◽  
Natural Gas ◽  
Liquefied Natural Gas ◽  
Gas Supply

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.

Research on Industrial Integration between Electricity Industry and Natural Gas Industry

2013 ◽  
Vol 448-453 ◽  
pp. 4304-4307
Author(s):  
Xiao Zhe Meng
Keyword(s):  
Natural Gas ◽  
Market Integration ◽  
Developed Countries ◽  
Electricity Industry ◽  
Gas Industry ◽  
Industry Regulation ◽  
Industrial Economy ◽  
National Competitiveness ◽  
Natural Gas Industry ◽  
Regulation Reform

Industrial integration is the trend of the modern industrial economy. It is the result of the enterprises from competition to cooperation. Industry boundaries become blurring. And industries begin to integrate. With technological innovation, business integration, market integration, as well as industry regulation reform, electricity industry and natural gas industry is towards integration. The barriers between electricity industry and natural gas industry has been eliminated through knowledge sharing, mergers and acquisitions, market reform and regulation reform in developed countries. The energy industry in China will also be integration to improve national competitiveness.

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