Research on the Application of Blockchain Technology in Supply Chain Financial Credit Risk Management
In the era of digital economy,the applications of blockchain technology can achieve the"data-driven"and"intelligent"management of the supply chain,and improve the accuracy of the supply chain management.Then,the financial services throughout the entire supply chain will also be upgraded and transformed due to the blockchain technology,which can provide enterprises with better financial services.At the same time,the management of financial credit risk will be strengthened,and the intermediate costs will be reduced,in order to minimize the risk of trade contract performance being delayed or unable to be fulfilled by various entities in the supply chain.Therefore,it can be said that exploring the applications of blockchain technology in supply chain financial credit risk management can effectively promote the development of supply chain finance and study its specific application direction and approach,which has a significant research value.This article conducts a research on this matter.Based on the relevant literature and materials,the paper starts with the essence of blockchain technology,and explains the basic mode of"blockchain with supply chain".Finally,the specific applications of blockchain technology in supply chain financial credit risk management are explained for references.
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