Blockchain-driven supply chain finance solution for small and medium enterprises

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Blockchain has attracted much attention in recent years with the development of cryptocurrency and digital assets.As the underlying technology of cryptocur-rency,blockchain has numerous benefits,such as de-centralization,collective maintenance,tamper-resistance,traceability,and anonymity.The potential of the block-chain technology(BT)is widely recognized in the financial field.Although some scholars have proposed the combina-tion of blockchain and supply chain finance(SCF),the details of this combination is rarely mentioned.This study first analyzes the coupling between SCF and blockchain technology.Second,the conceptual framework of block-chain-driven SCF platform(BcSCFP)is presented.Third,the operation process of three SCF models on the BcSCFP is proposed.Finally,a case study combined with actual events is conducted.This paper has a positive practical significance in the operation and management of banks and loan enterprises.
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